FRIDAY, JANUARY 17, 1986
8
MTR BILL PROVIDES FOR COMPENSATION CLAIMS
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A BILL, PROVIDING FOR CLAIMS FOR COMPENSATION BY PROPERTY OWNERS AFFECTED BY THE EASTERN HARBOUR CROSSING HAS BEEN GAZETTED TODAY.
KNOWN AS THE MASS TRANSIT RAILWAY (LAND RESUMPTION AND RELATED PROVISIONS) (AMENDMENT) BILL 1986, IT WILL BE INTRODUCED IN THE LEGISLATIVE COUNCIL ON JANUARY 29.
BILL SETS AWARD INTEREST RATE *****
THE LABOUR TRIBUNAL (AMENDMENT) BILL 1986 GAZETTED TODAY (FRIDAY), PROVIDES FOR AN AWARD MADE BY THE LABOUR TRIBUNAL TO CARRY INTEREST AT A RATE TO BE PRESCRIBED BY THE CHIEF JUSTICE.
THE INTEREST WILL APPLY FROM THE DATE OF THE AWARD, UNTIL EITHER THE AWARD IS PAID OR THE AWARD IS REGISTERED IN THE DISTRICT COURT FOR ENFORCEMENT.
AT PRESENT, THE AMOUNT OF THE AWARD CARRIES INTEREST FROM THE DATE ON WHICH IT FELL DUE, UP TO THE DATE ON WHICH THE AWARD IS PRONOUNCED BY THE LABOUR TRIBUNAL. THEREAFTER, IT CARRIES INTEREST ONLY FROM THE DATE OF REGISTRATION IN THE DISTRICT COURT.
THE BILL WILL BRIDGE THE GAP BETWEEN THE DATE OF THE AWARD
AND THE DATE OF REGISTRATION.
THIRD QUARTER RESTAURANT SURVEY RESULTS RELEASED
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THE VALUE OF TOTAL RECEIPTS FOR THE ENTIRE RESTAURANT SECTOR IN THE THIRD QUARTER OF 1985, ESTIMATED AT $4 839 MILLION, WAS SIX PER CENT HIGHER THAN IN THE SAME QUARTER OF 1984, WHILE THE VOLUME WAS THREE PER CENT HIGHER, ACCORDING TO PROVISIONAL SURVEY RESULTS RELEASED TODAY (FRIDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
THE PROVISIONAL ESTIMATE OF TOTAL RESTAURANT PURCHASES IN THE THIRD QUARTER OF 1985 WAS $2 089 MILLION, WHICH WAS SIX PER CENT HIGHER THAN IN THE THIRD QUARTER OF 1984,
ANALYSED BY TYPE OF RESTAURANT, BARS RECORDED THE LARGEST INCREASE (14 PER CENT) IN THE VALUE OF TOTAL RECEIPTS WHEN COMPARED WITH THE THIRD QUARTER OF 1984, FOLLOWED BY FAST FOOD SHOPS (13 PER CENT), CHINESE RESTAURANTS (SEVEN PER CENT) AND NON-CHINESE RESTAURANTS (ONE PER CENT).
OTHER EATING AND DRINKING PLACES (COMPRISING HERB TEA SHOPS, CREAMERIES AND OTHER OUTLETS SELLING BEAN CURD JELLY ETC.), HOWEVER, RECORDED A DECREASE OF ONE PER CENT.
/IN VOLUME