· 61 -
We are fully aware of the need to ensure that promotees would give an adequate period of service before their retirement. On the other hand it is equally important not to deprive officers, who are approaching retirement age but who are nonetheless fully qualified for the job in a higher rank, of the advancement opportunities they well deserve. The provision in the Civil Service Regulations represents an appropriate balance between the two. It has been in practice for decades and has been working well. We do not see any need for revising this provision.
End/Wednesday, July 5, 1995
Home Ownership Scheme
Following is a question by the Hon Christine Loh Kung-wai and a written reply by the Secretary for Housing, Mr Mr Dominic S W Wong, in the Legislative Council today (Wednesday):
Question:
In his policy address in October last year, the Governor made a policy commitment to increase home ownership in the territory to "just under 60% by 1997". However, on 1 June 1995, the Chairman of the Housing Authority stated that "by 1997, the home ownership rate across the territory will only reach 50%, with the public sector accounting for 13%. This apparently falls short of the Government's earlier target". In this connection, will the Administration inform this Council:
whether the Governor's 1994 policy commitment will be met?
(a)
(b)
what specific steps the Government will take in the next 3 years to achieve the Governor's commitments; and
(c)
how does the Government define the term "home ownership" in the context of the Governor's commitment?