WEDNESDAY, JUNE 22, 1994
ON FUTURES AT THE SAME TIME, IT IS PROPOSED TO LOWER THE LEVY
PER TRADING TO $1 PER SIDE PER CONTRACT
CENT REDUCTION," MR
CARTLAND SAID.
-
A 50
THE NEW RATES OF LEVY WILL TAKE EFFECT ON JULY 1, 1994 IN WITH THE START OF THE NEW FINANCIAL YEAR OF THE SEHK.
ΤΟ TIE
THE REDUCTION WILL HELP TO LOWER, FURTHER THE OVERALL DEALING COSTS IN THE SECURITIES AND FUTURES MARKETS IN HONG KONG.
THE TWO AMENDMENT ORDERS WILL BE GAZETTED ON FRIDAY (JUNE 24).
SPEEDIER SERVICES FROM LANDS DEPARTMENT
THE
LANDS DEPARTMENT HAS ADOPTED NEW PROCEDURES WHICH WILL RESULT IN SWIFTER SERVICE TO AUTHORISED PERSONS PARTICULARLY IN THE PROCESSING AND APPROVING OF BUILDING PLANS.
INSTITUTE OF BOB POPE,
ADDRESSING A LUNCHEON MEETING OF THE HONG KONG
MR (WEDNESDAY), THE DIRECTOR OF LANDS, ARCHITECTS TODAY REFERRED TO A PRACTICE NOTE HE ISSUED IN MARCH AIMED AT SPEEDING UP THE WHOLE DEVELOPMENT PROCESS.
OF
HE SAID HENCE SUBSTANTIVE REPLIES WOULD BE GIVEN TO SUBMISSIONS THE SUBMISSION MASTER LAYOUT PLANS WITHIN 12 WEEKS FROM THE DATE WAS
THAT BY THE DISTRICT LANDS OFFICE (DLO) PROVIDED RECEIVED PLANS CONTAINED SUFFICIENT INFORMATION,
THE
THAT
"AS FAR AS GENERAL BUILDING PLANS ARE CONCERNED REQUIRE
UNDER APPROVAL
THE LEASE,
THE SUCH AS DISPOSITION OR HEIGHT OF BUILDING, THESE WILL NOW BE DEALT WITH THE CENTRALISED PROCESSING OF BUILDING PLANS AND THERE WILL BE NO NEED PLANS FOR AUTHORISED PERSONS TO MAKE SEPARATE SUBMISSIONS OF BUILDING TO MY DEPARTMENT.
AND ASPECTS
DESIGN
AND UNDER
"WHEN YOU MAKE YOUR FORMAL SUBMISSION OF PLANS TO THE BUILDINGS CONCERNED DEPARTMENT, THEY WILL AUTOMATICALLY BE REFERRED TO THE DLO WHO WILL CONVEY HIS DECISION UNDER THE LEASE WITHIN 15 WEEKS FROM
MR HE DATE
RECEIVES THE PLANS FROM THE BUILDINGS DEPARTMENT,' ADDED.
"
THE
POPE
HE
ADDED
WANTED THAT IN CASES WHERE AN AUTHORISED PERSON
SEEK
WELCOME PRELIMINARY COMMENTS FROM THE DLO CONCERNED, HE WAS SUBMIT HIS PROPOSAL DIRECT TO THE DLO.
TO
то
TO
CENTRALISED
HOWEVER, FORMAL APPROVAL UNDER THE LEASE WILL ONLY BE GIVEN REFERRED TO THE LANDS DEPARTMENT
THE THROUGH
PLANS
PROCESSING SYSTEM.
THE
"AS FAR AS POSSIBLE, THIS DEPARTMENT WILL GIVE A FREE HAND
THAT ARCHITECT TO DESIGN THE PROPOSED DEVELOPMENT, PROVIDED PROPOSAL IS IN COMPLIANCE WITH THE LEASE CONDITION.
TO
THE
/"IN ADDITION,