XN000022-1982-05-19 — Page 24

WEDNESDAY, MAY 19, 1982

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CO-OPERATIVE HOUSING SOCIETIES

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NINETY-THREE OUT OF 238 GOVERNMENT CO-OPERATIVE HOUSING SOCIETIES HAD FULLY REPAID THE IR LOANS, THE SECRETARY FOR THE CIVIL SERVICE, THE HON MARTIN ROWLANDS SAID TODAY.

MR ROWLANDS WAS REPLYING TO A QUESTION BY THE HON ANDREW So, WHO ASKED HOW MANY CO-OPERATIVE HOUSING SOCIETIES FORMED BY CIVIL SERVANTS HAD FULLY REPAID THEIR GOVERNMENT LOANS AND WHETHER THE GOVERNMENT WOULD CONSIDER ALLOWING SUCH SOCIETIES TO SELL OR REDEVELOP THEIR PROPERTIES.

+AS REGARDS THE SECOND PART OF THE QUESTION, I AM AT THIS MOMENT CONSIDERING WHETHER THE GOVERNMENT SHOULD ALLOW THESE SOCIETIES TO ASSIGN OR REDEVELOP THEIR PROPERTIES, AND IF SO ON WHAT BASIS, MR ROWLANDS SAID.

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