XN000022-1985-09-20 — Page 11

FRIDAY, SEPTEMBER 20, 1985

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SECOND MEETING FOR COMMITTEE

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THE WAYS AND MEANS SELECT COMMITTEE OF THE PROVISIONAL REGIONAL COUNCIL WILL HOLD ITS SECOND MEETING ON MONDAY (SEPTEMBER 23).

IT WILL BE BRIEFED ON THE CONCEPT OF THE PROVISIONAL ACCEPTABLE LEVEL (PAL) OF EXPENDITURE AS A BUDGET MANAGEMENT TOOL.

THE MEETING, OPEN TO THE PUBLIC. WILL START AT 2.30 PM IN THE PROVISIONAL REGIONAL COUNCIL CHAMBER, TSUEN WAN STATION MULTI-STOREY CARPARK AND GOVERNMENT OFFICE BUILDING, SECOND FLOOR, 174-208 CASTLE PEAK ROAD, TSUEN WAN, NEW TERRITORIES.

NOTE TO EDITORS:

YOU ARE INVITED TO COVER THE EVENT.

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LDC STEERING GROUP MEETS AGAIN

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THE LAND DEVELOPMENT CORPORATION STEERING GROUP, CHAIRED BY THE DIRECTOR OF LANDS, MR JOHN TODD, HELD ITS SECOND MEETING TODAY (FRIDAY) TO LOOK INTO ALL ASPECTS RELATED TO THE SETTING UP OF THE CORPORATION.

THE MEETING CONSIDERED INTERIM REPORTS BY THE WORKING GROUP ON HOUSING AND THE SUBSIDIARY COMPANIES WORKING GROUP, THEY SOUGHT ADVICE FROM MEMBERS OF THE STEERING GROUP ON THE QUESTIONS OF REHOUSING POLICY AND COMPENSATION AND ON MATTERS RELATING TO SHAREHOLDING AND VALUATION.

MEMBERS ADVISED THAT THE TWO WORKING GROUPS WOULD CONTINUE THEIR DELIBERATIONS AND REPORT BACK TO THE STEERING GROUP AT

ITS NEXT MEETING ON NOVEMBER 1,

IT WAS ALSO AGREED THAT AN INTERIM REPORT SHOULD BE PREPARED FOR SUBMISSION TO THE LAND AND BUILDING ADVISORY COMMITTEE.

THE TWO GROUPS WHO SUBMITTED INTERIM REPORTS AT TODAY'S MEETING ARE AMONG THREE ALREADY FORMED. THE THIRD IS LOOKING INTO ORGANISATIONAL MATTERS RELATING TO THE LAND DEVELOPMENT

CORPORATION.

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