XN000022-1974-02-25 — Page 4

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Monday, February 25, 1974

WEDNESDAY IS BUDGET DAY

Live Radio Broadcasts Of Financial Secretary's Speech

Hong Kong's budget for the coming financial year will be made

known this Wednesday (February 27) when the Appropriation Bill 1974 is

presented to the Legislative Council.

The proceedings will start at 2.30 p.m. during which the Financial

Secretary, the Hon. Philip Haddon-Cave, will move the second reading of the

bill and outline the main features of estimated revenue and expenditure for

1974/75.

The estimated heads of expenditure will be Let out in the schedule

of the bill to be nublished in a Gazette Extraordinary at 2.30 p.m.

Debate on the second reading of the bill will be adjourned and

resumed on March 13 and 14 when unofficial members will have an opportunity

to speak on the financial and economic state of Hong Kong and the general

principles of government policy and administrations as indicated by the bill

and estimates.

The debate will be resumed on March 27 (and continue on March 28 if

necessary) when the official members will reply to points raised by their

unofficial colleagues.

The council will then consider the bill in committee which will be

followed by the formal third reading.

As in previous years, the proceedings will be comprehensively covered

by the radio and television stations.

The Financial