TUESDAY, JULY 5, 1988
3
FINANCE COMMITTEE TO CONSIDER DOA
THE
BE MEMBERS OF THE FINANCE COMMITTEE WILL
TO NOTE ASKED DEFENCE COSTS AGREEMENT TERMS OF THE 1988
(DCA) WITH THE UNITED KINGDOM GOVERNMENT AT A MEETING TO BE HELD TOMORROW (WEDNESDAY).
THEY WILL ALSO BE ASKED TO APPROVE PROVISION OF $1,407 MILLION CASH CONTRIBUTION TOWARDS FOR PAYMENT OF THE HONG KONG GOVERNMENT'S
PAYMENT OF THE COSTS OF THE GARRISON IN 1988-89 AND TO APPROVE THE
ADDED TAX $266 MILLION TO COVER VALUE
(VAT) AND
TAX SALARIES ALLOWANCES INCURRED UNDER THE 1981 DEFENCE COSTS AGREEMENT.
ON
BE
AMONG OTHER ITEMS ON THE AGENDA, THE FINANCE COMMITTEE WILL
UPGRADING THE INLAND ASKED TO ACCEPT THE FINANCIAL IMPLICATIONS FOR REVENUE
SYSTEM AND
EXPENSES OTHER DEPARTMENT'S COMPUTER
LARGELY SALARIES TAXATION FOR ASSOCIATED WITH THE INTRODUCTION OF SEPARATE WORKING WIVES IN 1990.
AND
THIS THE NON-RECURRENT COST OF INTRODUCING
OTHER IMPROVEMENTS
THE MAKING
SYSTEM 15 $27,785,000.
ΤΟ
SEPARATE TAXATION ESTIMATED AT
ESTIMATED AT
THE ADDITIONAL ANNUAL RECURRENT COST INVOLVED IS ABOUT $23,282,000 FROM 1990-91 AND $23,395,000 FROM 1991-92 ONWARDS.
COMMITTEE MEMBERS WILL ALSO BE ASKED TO
APPROVE THE CREATION INLAND REVENUE MAJOR EQUIPMENT
OF A NEW SUBHEAD "UPGRADING OF THE COMPUTER SYSTEM IN DEPARTMENT" UNDER THE CAPITAL WORKS RESERVE FUND AND SYSTEMS WITH A PROJECT ESTIMATE OF $15,907,000.
TIE COMPUTER AND TO
THE SUM IS TO MEET THE CAPITAL COST OF UPGRADING
TAXATION INTRODUCTION OF SEPARATE SYSTEM REQUIPFO FOR THE SATISFY INCREASED PROCESSING DEMANDS.
13 QUESTIONS, 10 BILLS BEFORE LECCO
**
MEMBERS OF THE LEGISLATIVE COUNCIL WILL ASK
13 QUESTIONS AND
CONSIDER 10 BILLS IN THE COUNCIL MEETING TOMORROW (WEDNESDAY).
WILL ALSO MOVE A MOTION THE CHIEF SECRETARY AMENDMENTS BE MADE TO THE COUNCIL'S STANDING ORDERS.
THAT CERTAIN
/OF THE