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WEDNESDAY, FEBRUARY 27, 1991

EXPERT TALKS ON BOUNDARIES OF ADMINISTRATION OF HK AND GUANGDONG

A GOVERNMENT SPOKESMAN SAID TODAY (WEDNESDAY) THAT FURTHER DISCUSSIONS ON MATTERS RELATING TO THE BOUNDARIES OF ADMINISTRATION BETWEEN HONG KONG AND GUANGDONG WILL TAKE PLACE IN HONG KONG ON FEBRUARY 28 AND MARCH 1 BETWEEN THE HONG KONG GOVERNMENT AND THE GUANGDONG PROVINCIAL AUTHORITIES.

MR 9.E. BRADLEY, DEPUTY POLITICAL ADVISER, WILL LEAD THE HONG KONG TEAM,

THE QUANGDONG TEAM WILL BE LED BY MR ZHANG QINGPING, DEPUTY DIRECTOR OF GUANGDONG FOREIGN AFFAIRS OFFICE.

TAX EXEMPTION FOR TRAVEL INDUSTRY COUNCIL RESERVE FUND

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THE GOVERNOR IN COUNCIL HAS ORDERED THAT THE TRAVEL INDUSTRY COUNCIL RESERVE FUND SHOULD BE EXEMPTED FROM PAYMENT OF ALL TAXES, A GOVERNMENT SPOKESMAN SAID TODAY (WEDNESDAY).

AS A NON-STATUTORY COMPENSATION FUND ESTABLISHED то REPLACE THE TRAVEL AGENT'S RESERVE FUND, THE FUND'S MAIN OBJECTS ARE ΤΟ COLLECT AND MANAGE LEVIES FROM MEMBERS OF THE TRAVEL INDUSTRY COUNCIL OF HONG KONG, AND TO MAKE EX-GRATIA PAYMENTS OUT OF THOSE LEVIES TO TRAVELLERS IF A MEMBER DEFAULTS.

THE EXEMPTION WAS GRANTED BY THE GOVERNOR IN COUNCIL UNDER SECTION 47 OF THE INLAND REVENUE ORDINANCE, THE SPOKESMAN SAID.

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ISLAND EAST TRAFFIC STUDY COMMISSIONED

THE TRANSPORT DEPARTMENT HAS COMMISSIONED A $3.87 MILLION ISLAND EAST TRAFFIC STUDY AIMED AT INVESTIGATING ALL ASPECTS OP TRAFFIC AND TRANSPORT PROBLEMS FROM VICTORIA PARK ΤΟ CHAI WAN AND PROPOSING SOLUTIONS TO THEM.

A CONTRACT FOR THE 18-MONTH STUDY WAS SIGNED TODAY (WEDNESDAY) BY THE DEPUTY COMMISSIONER FOR TRANSPORT, MR PANG HAU-CHUNG, AND A REPRESENTATIVE OF THE CONSULTANTS, WILBUR SMITH ASSOCIATES.

/THEY STUDY

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