XN000022-1980-06-02 — Page 7

MONDAY, JUNE 2, 1980

6

REMINDER TO TRADERS ****

THE TRADE, INDUSTRY AND CUSTOMS DEPARTMENT TODAY REMINDED IMPORTERS AND EXPORTERS THAT THEY ARE OBLIGED TO LODGE TRADE DECLARATIONS AND PAY AD VALOREM CHARGES ON ALL GOODS OTHER THAN THOSE UNDER EXEMPTION WITHIN 14 DAYS OF IMPORTING OR EXPORTING THEM.

A SPOKESMAN FOR THE DEPARTMENT POINTED OUT THAT TRADE DECLARATIONS SUBMITTED OUTSIDE THE PRESCRIBED PERIOD OF 14 DAYS WOULD BE LIABLE, WITHOUT FURTHER NOTICE, TO PENALTY CHARGES.

THE PENALTIES RISE AFTER TWO MONTHS TO A MAXIMUM OF $100 PER DECLARATION WHERE THE TOTAL VALUE OF ARTICLES SPECIFIED DOES NOT EXCEED $20 000, AND TO A MAXIMUM OF $200 PER DECLARATION WHERE THE TOTAL VALUE EXCEEDS THIS AMOUNT.

THE SPOKESMAN WARNED THAT PROSECUTIONS WOULD BE INITIATED AGAINST THOSE WHO, WITHOUT REASONABLE EXCUSE, FAIL TO LODGE THE NECESSARY TRADE DECLARATIONS.

PWD CONTRACTS LET IN APRIL

*****

THE PUBLIC WORKS DEPARTMENT HAS LET A TOTAL OF 44 CONTRACTS WORTH MORE THAN $247 MILLION IN APRIL.

ONE OF THE LARGEST CONTRACTS WAS FOR THE CONSTRUCTION OF AN INTERCHANGE STATION FOR THE KOWLOON-CANTON RAILWAY AND THE MASS TRANSIT RAILWAY IN KOWLOON TONG.

THIS $75.7 MILLION PROJECT, WHEN COMPLETED IN 1982, WILL FORM A VITAL LINK FOR THE NEW MODERN ELECTRIC TRAINS OF THE KCR AND THE MTR AND PROVIDE BETTER FACILITIES FOR PASSENGERS.

WORK ON THE CONTRACT INCLUDES THE CONSTRUCTION AT GROUND LEVEL OF A STATION BUILDING, A RAILWAY PLATFORM, CANOPIES AND AN AIR-CONDITIONED KCR UNDERGROUND CONCOURSE TO LINK UP WITH THE MTR.

OF THE CONTRACTS AWARDED IN THE MONTH, 27 WERE ON THE RECOMMENDATION OF THE CENTRAL TENDER BOARD AND THE OTHERS THE PWD TENDER BOARD.

1

17