WEDNESDAY, FEBRUARY 16, 1977
IN MAKING PUBLIC THE REPORT TODAY THE FINANCIAL SECRETARY TOLD THE LEGISLATIVE COUNCIL THAT THE COMMISSIONER OF INLAND REVENUE WOULD STUDY THE TECHNICAL ASPECTS OF THE RECOMMENDATIONS AND SUBMIT HIS APPRAISAL TO HIM IN ABOUT TWO MONTHS TIME.
THE FINANCIAL SECRETARY SAID HE WOULD THEN CHAIR A WORKING PARTY TO CONSIDER THE FINANCIAL, ECONOMIC, SOCIAL AND POLITICAL IMPLICATIONS OF THE RECOMMENDATIONS, TAKING INTO ACCOUNT ANY PUBLIC COMMENT WHICH MAY BE MADE IN THE INTERIM, WITH A VIEW TO FORMULATING POLICY RECOMMENDATIONS FOR THE FURTHER CONSIDERATION OF THE GOVERNOR- IN-COUNCIL, THEREAFTER, SOME TIME WOULD BE REQUIRED FOR DRAFTING OF THE NECESSARY AMENDING LEGISLATION AND THE REORGANISATION OF DEPARTMENTAL PROCEDURES.
IN THE MEANTIME, ADDITIONAL COPIES OF THE 160-PAGE REPORT ARE BEING PRINTED AND WILL BE ON SALE TO THE PUBLIC SHORTLY AT GOVERNMENT PUBLICATION CENTRES.
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