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(b) There have been no major changes in the management structure of the Trading Funds. A small number of directorate posts have been created to strengthen the business and financial management capability of these departments.
The total number of posts in each trading fund on the date of its establishment, and on 30 September 1995, are as follows:
No of
No of
Posts
Trading Fund
Date of Establishment
Posts on Establishment*
as at
%
30.9.95*
increase
Companies
1.8.93
335(3)
384(2)
14.6
Registry
Land
1.8.93
614(2)
780(5)
27.0
Registry
Sewage
1.4.95
783
819
4.6
Services
OFTA
1.6.95
243
256
5.3
Post Office
1.8.95
5,584
5,602
0.3
* Figures in brackets refer to supernumerary posts.
The relatively large increase in establishment for the Land Registry Trading Fund is mainly to provide staff to cope with the introduction of a new service, namely computerisation of New Territories Land Registers.
(c) We are currently considering whether to convert part of the Electrical and Mechanical Services Department into a trading fund operation.
End/Wednesday, November 8, 1995