FRIDAY, JUNE 7, 1991
THE SPOKESMAN SAID THE SURVEY ALSO
SHOWED
STRONG SUPPORT BY
MANUFACTURERS FOR DEVELOPMENT OF A SCIENCE PARK IN HONG KONG.
די
THE INDUSTRY DEVELOPMENT BOARD RECENTLY ENDORSED A PROPOSAL FOR A CONSULTANCY STUDY TO EXAMINE THE FEASIBILITY OF DEVELOPING SUCH A PARK.
"
STUDY "A REQUEST FOR FUNDS TO PAY FOR THE FINANCE BRANCH, HE SAID.
HAS BREN MADE TO
+
CHANGE TO DEFINITION OF AIRCRAFT SPIRIT' PROPOSED
T
A BILL WHICH SEEKS TO AMEND THE DEFINITION OF "AIRCRAFT SPIRIT IN THE DUTIABLE COMMODITIES ORDINANCE WILL BE INTRODUCED INTO THE LEGISLATIVE COUNCIL ON JUNE 26,
GOVERNMENT SPOKESMAN SAID TODAY (FRIDAY).
THE DUTIABLE COMMODITIES (AMENDMENT) BILL 1991 PROPOSES TO AMEND THE DEFINITION OF "AIRCRAFT SPIRIT" TO COVER BOTH LIGHT AND HEAVY HYDROCARBON OILS BY REPLACING THE TERM "LIGHT OIL" **HYDROCARBON OIL".
"AIRCRAFT SPIRIT" IS PRESENTLY DEFINED IN THE ORDINANCE AS LIGHT OIL SUITABLE AND INTENDED FOR USE AS FUEL IN ANY AIRCRAFT.
WITH
ANY
"AIRCRAFT SPIRIT" IS DUTIABLE ONLY WHEN IT IS USED BY AIRCRAFT FLYING WITHIN HONG KONG.
UNTIL RECENTLY PROPELLER DRIVEN AIRCRAFT, JET PLANES AND HELICOPTERS ALL USED LIGHT OIL AS THEIR FUEL.
"HOWEVER, RECENT SAMPLES OF THE FUEL USED BY FLYING WITHIN HONG KONG HAVE BERN IDENTIFIED AS HEAVY SPOKESMAN SAID.
HELICOPTERS OIL, THE
זי
AS THE PRESENT DEFINITION OF "AIRCRAFT SPIRIT" DOES NOT INCLUDE HEAVY OILS, SUCH FUEL ALTHOUGH USED BY HELICOPTERS FLYING WITHIN HONG KONG, WOULD TECHNICALLY NOT BE DUTIABLE.
THE PROPOSED CHANGE IN THE DEFINITION OF "AIRCRAFT SPIRIT" IS NOT EXPECTED TO GIVE RISE TO ADDITIONAL COSTS ΤΟ AIRLINES OPERATING INTERNATIONAL FLIGHTS AS FUEL FOR INTERNATIONAL FLIGHTS IS EXEMPT FROM DUTY.
THE BILL WILL BE GAZETTED NEXT FRIDAY ( JUNE 14)
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