XN000022-1985-06-11 — Page 4

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TUESDAY, JUNE 11, 1985

THE FOLLOWING FOUR NEW BILLS WILL BE INTRODUCED:

* FOREIGN JUDGMENTS (RESTRICTION ON RECOGNITION AND

ENFORCEMENT) BILL 1985;

* DANGEROUS GOODS (CONSIGNMENT BY AIR) (SAFETY) BILL 1985;

* MERCHANT SHIPPING (AMENDMENT) BILL 1985; AND

* WATER POLLUTION CONTROL (AMENDMENT) BILL 1985.

ANOTHER BILL, THE PUBLIC BODIES (CONFIRMATION OF APPOINTED MEMBERS) (TEMPORARY PROVISIONS) BILL 1985, SEEKING TO CONFIRM THE APPOINTMENT OF AN URBAN COUNCILLOR AND FOUR DISTRICT BOARD MEMBERS, WILL BE INTRODUCED FOR ALL THREE READINGS.

IN ADDITION, UNOFFICIALS WILL BE ASKING NINE QUESTIONS DEALING WITH SUCH MATTERS AS THE PROGRESS MADE IN DEVELOPING HIGH TECHNOLOGY FOR MANUFACTURING INDUSTRIES, GOVERNMENT'S POSITION REGARDING THE FORMATION OF A MEDIA COUNCIL, CONTROLS ON HAZARDOUS INSECTICIDE AND THE EMPLOYMENT OF FILIPINA DOMESTIC HELPERS.

A STATEMENT WILL ALSO BE MADE BY THE HON S.L. CHEN ON THE REPORT OF THE UMELCO POLICE GROUP 1984.

APPROVAL BEING SOUGHT FOR MTR EQUITY INJECTION

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THE FINANCE COMMITTEE WILL BE ASKED IN A FORTNIGHT'S TIME TO ACCEPT A FIRM FINANCIAL COMMITMENT OF $2 500 MILLION IN EQUITY INJECTIONS TO BE PAID INTO THE MASS TRANSIT RAILWAY CORPORATION IN 1985-86 AND 1987-88, TOGETHER WITH A FURTHER POSSIBLE COMMITMENT OF UP TO $2 500 MILLION ON OR AFTER DECEMBER 31, 1989.

FINANCE COMMITTEE WILL ALSO BE ASKED TO APPROVE SUPPLEMENTARY PROVISION OF $1 500 MILLION OF THE INITIAL $2 500 MILLION FOR TRANSFER TO THE MASS TRANSIT FUND DURING THIS CURRENT FINANCIAL YEAR SO THAT THE FIRST PART OF THE EQUITY INJECTION CAN BE MADE. THE REMAINING $1 000 MILLION WOULD BE PAID IN 1987-88.

A GOVERNMENT SPOKESMAN EXPLAINED THAT THE MOVE WAS A REAFFIRMATION OF THE GOVERNMENT'S COMMITMENT TO PROVIDE NECESSARY SUPPORT TO THE MTRC.

+REVENUE IN THE FORM OF EXTRAORDINARY PROFITS FROM LAND SALES MADE BEFORE RATIFICATION OF THE AGREEMENT IS BEING USED TO BUILD UP THE CAPITAL INFRASTRUCTURE OF HONG KONG, HE SAID.

/THE RECENT