TUESDAY, JANUARY 29, 1985
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YOUTHS BENEFIT FROM AWARD SCHEME
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THE DIRECTOR OF SOCIAL WELFARE, MRS ANSON CHAN, TODAY (TUESDAY) PRAISED THE DUKE OF EDINBURGH'S AWARD SCHEME FOR PROVIDING A CONTINUING BASIS FOR YOUNG PEOPLE TO SEEK HIGHER LEVELS OF PERSONAL ACHIEVEMENT AND TO WORK FOR A BETTER FUTURE FOR HONG KONG.
+OVER THE YEARS, MANY THOUSANDS OF YOUNG PEOPLE HAVE PASSED THROUGH ITS DOORS, ENJOYING NOT ONLY A VARIED PROGRAMME OF LEISURE TIME ACTIVITIES BŪT MORE IMPORTANTLY ACHIEVING PERSONAL GROWTH BY LEARNING HOW TO USE THE IR INITIATIVE, TO COPE WITH CHALLENGES AND TO DEVELOP A SENSE OF COMMITMENT TO COMMUNITY SERVICE, + SHE SAID.
SPEAKING AT THE SCHEME'S 39TH SILVER AWARD PRESENTATION CEREMONY, MRS CHAN SAID ITS IDEALS HAD MUCH IN COMMON WITH THE THEMES OF THE INTERNATIONAL YOUTH YEAR: +PARTICIPATION, DEVELOPMENT AND PEACE+.
SHE TOLD THE 150 RECIPIENTS: +WHILE YOU CAN TAKE JUSTIFIABLE PRIDE IN YOUR ACHIEVEMENTS, I HOPE THAT YOU WILL NOT REST ON YOUR LAURELS BUT THAT YOU WILL ASPIRE TO THE GOLD AWARD.+
MRS CHAN NOTED THAT THE REGIONALISATION OF THE SCHEME SINCE LAST YEAR HAD BROUGHT ABOUT A CLOSER LIAISON WITH OPERATING AUTHORITIES, USER UNITS AND VOLUNTEERS.
MORE ACTIVITIES HAD BEEN ORGANISED AS A RESULT, SHE ADDED.
SHE THANKED ALL THOSE INVOLVED IN THE ADMINISTRATION OF THE SCHEME FOR THEIR ENTHUSIASM AND HARD WORK, AND THE VOLUNTEERS FOR THE IR WILLINGNESS TO SHARE THEIR SKILLS AND EXPERIENCE.
INTEREST ON TAX RESERVE CERTIFICATES
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FROM TOMORROW (WEDNESDAY), THE NEW ANNUAL RATE OF INTEREST PAYABLE ON TAX RESERVE CERTIFICATES WILL BE 5.52 PER CENT AS AGAINST THE CURRENT RATE OF 6.60 PER CENT, TAX FREE.
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NOTICE OF THIS WAS PUBLISHED YESTERDAY (MONDAY) IN THE GOVERNMENT GAZETTE.
AN INLAND REVENUE DEPARTMENT SPOKESMAN SAID TODAY THAT INTEREST ON TAX RESERVE CERTIFICATES WAS CALCULATED IN MONTHLY STEPS AND THE NEW RATE WOULD BE $0.46 PER MONTH PER $100. INTEREST WOULD BE CREDITED AS BEFORE IN RESPECT OF COMPLETED MONTHS BETWEEN PURCHASE AND SURRENDER IN PAYMENT OF TAX.
/+INTEREST IS