(b)
(c)
57 -
any independent management studies carried out within the organisation concerned.
The total remuneration for staff of these bodies is publicly available. Some bodies have also made public the remuneration bands or pay scales of senior executives through recruitment advertisements or annual reports. A list of these bodies is attached. We will encourage the others to make similar information available to the public as far as possible when they are requested to do so. However, information on the remuneration of individual staff cannot be disclosed because this might undermine the ability of the organisations concerned to recruit and retain staff of the right calibre and with the necessary experience, bearing in mind they often have to compete with the private sector for staff. This is particularly so for bodies which are required by law to operate on prudent commercial principles;
There are well-established mechanisms by which the Government can monitor the operation of all these bodies. They include:
legal provisions governing their operation;
Government representatives sitting on their management boards;
the submission of regular reports to the Government and other governing bodies;
audited annual accounts presented to the Government and tabled in Legislative Council.
SAWN-
].
Opening Learning Institute of Hong Kong
2.
Hong Kong Institute of Education
3.
UGC-funded institutions
4.
Hong Kong Academy for Performing Acts
5.
6.
Hong Kong Arts Development Council + Mass Transit Railway Corporation
7.
Kowloon - Canton Railway Corporation
8.
Securities and Futures Commission
+ (will be disclosed upon the establishment of the Council in June 1995) * (will be disclosed in June 1995 when its Annual Accounts are published.)
End/Wednesday, May 24, 1995
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