21
WEDNESDAY, MAY 27, 1992
4
MR MATHEWS SAID: "IN THE ABSENCE OF AUTHORITATIVE DECISIONS BY THE COURTS IN
COMMISSION'S RELATION TO THE
LEGISLATION,
CHANGES TO THE COMMISSION'S POWERS ARE THOUGHT TO BE NEITHER NOR APPROPRIATE.
OF THE
SWEEPING SENSIBLE
"THE COMMISSIONER
AGAINST COMMISSION INDEPENDENT
NOT CORRUPTION HAS NEVERTHELESS ASKED ME TO ASSURE MEMBERS THAT IT IS
ΤΟ PUT ASIDE HIS INTENTION, WITH THE ENACTMENT OF THIS BILL, THEN FURTHER CONSIDERATION
THE
AND COMMISSION'S COMPATIBILITY WITH THE BILL OF RIGHTS ORDINANCE.
"HE
OF
LEGISLATION
ITS
IN
IS COMMITTED TO A CONTINUING REVIEW OF THE LEGISLATION
THIS COUNCIL THE LIGHT OF LEGAL ADVICE AND DECISIONS OF THE COURTS.
OF THE AND MEMBERS OF THE AD HOC GROUP WILL BE KEPT FULLY INFORMED PROGRESS OF THAT REVIEW."
REASSURE THIS
ADVERSE EFFECT
HE SAID THE COMMISSIONER HAD ALSO ASKED HIM TO COUNCIL THAT THE AMENDMENTS PROPOSED IN INDEPENDENT COMMISSION AGAINST CORRUPTION (AMENDMENT} BILL 1992 WOULD NOT HAVE ANY UPON THE OPERATION OF THE COMMISSION.
-
KCRC OPERATES SUCCESSFULLY
THE KOWLOON-CANTON RAILWAY CORPORATION (KCRC) IS TO SPEND BILLION FOR INFRASTRUCTURE AND SERVICE IMPROVEMENTS IN THE NEXT YEARS.
ANNUAL REPORT KCRC'S
IN 1991
$4.6 FIVE
THE LEGISLATIVE TABLING THE COUNCIL TODAY (WEDNESDAY), THE FINANCIAL SECRETARY, MR HAMISH MACLEOD,
HO TUNG LAU SAID MAJOR PROJECTS INCLUDED THE REDEVELOPMENT OF THE
AND MORE DEPOT AND MAINTENANCE CENTRE TO PROVIDE BETTER MAINTENANCE STABLING AREA FOR THE KCR FLEET.
OTHER PROJECTS INCLUDED ARE IMPROVEMENT TO SIGNALLING SYSTEM AND STATION FACILITIES; EXPANSION OF THE KOWLOON GOODS YARD FOR BETTER CARGO HANDLING; AND PROVISION OF ADDITIONAL LIGHT RAIL NOISE ABATEMENT MEASURES.
"THE
SUBSTANTIAL INVESTMENT
DEMONSTRATES
VEHICLES AND
CORPORATION'S CONTINUED COMMITMENT TO UPGRADE ITS SYSTEMS TO HIGH QUALITY SERVICES," HE SAID.
MR
MACLEOD SAID
FINANCIAL POSITION IN 1991.
CLEARLY
THE
PROVIDE
THE
KCRC CONTINUED
то
A MAINTAIN
STRONG
OPERATING REVENUE STOOD AT $1,849 MILLION, AN INCREASE OF OVER 1990. INCLUDING INCOME FROM PROPERTY DEVELOPMENT, NET PROFIT THE YEAR WAS $449 MILLION.
16%
FOR
/A DIVIDEND