FRIDAY, JULY 13, 1979
HONG KONG GOVERNMENT ACCOUNTS FOR MARCH
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THE HONG KONG GOVERNMENT ACCOUNTS FOR THE MONTH OF MARCH, 1979, SHOW A DEFICIT OF $631,1 MILLION, COMPARED WITH A DEFICIT OF $161.0 MILLION FOR THE SAME MONTH IN 1978.
REVENUE AND RECEIPTS FOR THE MONTH AMOUNTED TO $1,248.8 MILLION AND TOTAL EXPENDITURE AMOUNTED TO $1,879.9 MILLION.
REVENUE AND RECEIPTS FOR THE FINANCIAL YEAR 1978-79 TOTALLED $12,557 MILLION, AND TOTAL EXPENDITURE WAS $11,090,1 MILLION, GIVING A FINAL SURPLUS FOR THE YEAR OF $1,466.9 MILLION,
IN THE BUDGET DEBATE AT THE LEGISLATIVE COUNCIL IN FEBRUARY, THE FINANCIAL SECRETARY PREDICTED A SURPLUS OF $1,600 MILLION, WITH TOTAL REVENUE AND RECEIPTS AT AN ESTIMATED $12,600 MILLIÓN, AND TOTAL EXPENDITURE AT AN ESTIMATED $11,000 MILLIÓN,
COMMENTING ON THE FACT THAT THE FINAL SURPLUS WAS SLIGHTLY LOWER THAN PREDICTED, A GOVERNMENT SPOKESMAN SAID THAT WHILST ACTUAL REVENUE TURNED OUT TO BE VERY CLOSE TO THE PREDICTION, EXPENDITURE WAS HIGHER THAN EXPECTED.
BAI LAU KOK OCCUPANTS GIVEN TWO WEEKS NOTICE TO MOVE
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THE GOVERNMENT ANNOUNCED TODAY (FRIDAY) THAT OCCUPANTS OF SEVEN MULTI-STOREY BUILDINGS AT SAI LAU KOK, TSUEN WAN, AFFECTED BY THE CONSTRUCTION OF THE MASS TRANSIT RAILWAY WILL ON MONDAY (JULY 16) BE GIVEN TWO WEEKS' NOTICE TO MOVE.
THE TSUEN WAN TOWN MANAGER, MR. JAMES HAYES, INFORMED THE OCCUPANTS BY LETTER TODAY THAT CROWN LAND NOTICES POSTED ON THE BUILDING ON MONDAY WOULD EXPIRE ON JULY 31, AFTER WHICH PERSONS STILL OCCUPYING THE PREMISES WOULD BECOME LIABLE TO EVICTION.
HOWEVER, HE POINTED OUT THAT THIS WAS A PROCEDURAL ACTION THAT WOULD NOT CONCERN THE MAJORITY OF THOSE STILL LIVING IN THE BUILDINGS AS THEY WERE IN THE PROCESS OF MOVING OUT UNDER REHOUSING ARRANGEMENTS MADE BY THE GOVERNMENT.
+IN CASES OF GENUINE NEED WHERE PEOPLE NEED TO STAY FOR A SHORT PERIOD AFTER THE EXPIRY DATE, DISTRICT OFFICE STAFF MAY BE ABLE TO ARRANGE A BRIEF EXTENSION, MR. HAYES SAID.
MR. HAYES SAID THAT THE OWNERS AND OCCUPANTS HAD FIRST BEEN INFORMED MORE THAN 18 MONTHS AGO - IN JANUARY 1978 - THAT THE BUILDINGS WERE TO BE DEMOLISHED AND THE BUILDINGS HAD IN FACT REVERTED TO THE CROWN ON NOVEMBER 12 LAST YEAR.
/+HOWEVER,