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WEDNESDAY, MARCH 21, 1990
"THUS THE LIQUID RESOURCES OF THE FUNDS ARE STRONG ENOUGH WITHSTAND A THREE-FOLD INCREASE IN WITHDRAWALS DURING 1990-91, HE SAID.
ΤΟ
It
MR YEUNG SAID THE THREE CRITERIA FOR GOOD MANAGEMENT, THEREFORE, WERE MORE THAN WELL MET.
"I CAN SAY WITH CONFIDENCE THAT CONTRIBUTORS NEED HAVE NO FEAR AS TO THE HEALTH AND INTEGRITY OF THE TWO PROVIDENT FUNDS OR THEIR ABILITY TO WITHSTAND FUTURE EVENTUALITIES, HE ADDED.
11
0
INCREASE IN OFFICE AREA LIMIT UNLIKELY
THROUGH
INCREASED DEMAND FOR OFFICE ACCOMMODATION IS BEING MET REZONINGS AND APPROPRIATE DEVELOPMENT APPLICATIONS UNDER THE TOWN PLANNING ORDINANCE.
THE SECRETARY FOR PLANNING, ENVIRONMENT AND LANDS, THE HON GRAHAM BARNES, SAID THIS IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).
REPLYING TO A QUESTION FROM THE HON JAMES MCGREGOR, MR BARNES SAID OFFICE USE IN INDUSTRIAL BUILDINGS HAD BEEN UNDER CONSTANT REVIEW BY THE TOWN PLANNING BOARD OVER THE LAST YEAR.
THE PROPORTION OF ANY INDUSTRIAL OR GODOWN UNIT WHICH COULD BR USED FOR ANCILLARY OFFICES WITHOUT APPLICATION TO THE TOWN PLANNING BOARD HAD RECENTLY BEEN RAISED FROM 20 PER CENT TO 30 PER CENT.
BUT IT MUST BE FIRMLY TIKD TO THE SUPPORTING, THE SECRETARY ADDED.
INDUSTRIAL USE IT IS
FOR
"INDIVIDUAL FACTORIES MAY ALSO SEEK THE BOARD'S PERMISSION GREATER AREAS OF OFFICE SPACE TO SUPPORT THEIR INDUSTRIAL OPERATIONS,' HE SAID.
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MR BARNES BELIEVED THAT THE BOARD WOULD NOT AT PRESENT SUPPORT RAISING THE LIMIT OF THE AREA TO BE USED FOR COMMERCIAL PURPOSES NOT RELATED TO INDUSTRIAL OPERATIONS IN INDUSTRIAL BUILDINGS.
THE BOARD'S APPROVAL OF INDUSTRIAL-OFFICE BUILDINGS ACCOMMODATION PROVIDED WAS SUITABLE FOR EITHER USE WAS IN THE DIRECTION SOUGHT BY MR MCGREGOR, HE SAID.
WHERE THE
A DEVELOPMENT
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