XN000022-1986-01-28 — Page 7

TUESDAY, JANUARY 28, 1986

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BURSARIES FOR OFFICERS' CHILDREN

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EDUCATION WAS A VALUABLE INVESTMENT WHICH OFFERED SUBSTANTIAL CONTRIBUTION TO THIS RAPIDLY CHANGING SOCIETY, THE HON CHAN KAM- CHUEN, AN UNOFFICIAL MEMBER OF THE LEGISLATIVE COUNCIL, SAID TODAY (TUESDAY).

MR CHAN WAS SPEAKING AT THE PRESENTATION OF BURSARY CERTIFICATES OF THE CORRECTIONAL SERVICES CHILDREN'S EDUCATION TRUST AT THE DEPARTMENT'S STAFF TRAINING INSTITUTE IN STANLEY.

+EDUCATION IS VERY IMPORTANT IN TRAINING THE YOUNG TO BE INDEPENDENT INDIVIDUALS, DEVELOP THEIR PERSONALITIES, AND CULTIVATE THEIR CIVIC SPIRIT AND SENSE OF RESPONSIBILITY, + MR CHAN, WHO IS THE CHAIRMAN OF THE EDUCATION TRUST COMMITTEE, SAID.

+ESPECIALLY IN THIS RAPIDLY CHANGING WORLD, EDUCATION IS AN INTEGRAL PART OF ECONOMIC AND SOCIAL DEVELOPMENT, AND IS A VALUABLE INVESTMENT WHICH OFFERS SUBSTANTIAL CONTRIBUTION TO SOCIETY.+

THE EDUCATION TRUST FUND WAS SET UP IN 1983 TO PROVIDE FINANCIAL ASSISTANCE FOR THE EDUCATION OF CHILDREN OF THE CORRECTIONAL SERVICES DEPARTMENT'S ASSISTANT OFFICERS AND EQUIVALENT GRADES.

IT WAS INITIALLY FUNDED BY A DONATION FROM MR WILLIAM MONG, THE PRESIDENT OF CORRECTIONAL SERVICES OFFICERS' ASSOCIATION.

AN INVESTMENT ADVISORY BOARD HAD BEEN ESTABLISHED WITH EXECUTIVE COUNCIL MEMBER, MR OSWALD CHEUNG, AS CHAIRMAN AND MR PETER VINE AND MR AUBREY LI AS MEMBERS, TO ADVISE THE TRUST COMMITTEE ON INVESTMENTS OF THE FUND. THE INCOME EARNED IS USED AS BURSARIES.

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AT TODAY'S CEREMONY, MR CHAN WA-SHEK, THE COMMISSIONER OF CORRECTIONAL SERVICES, EXPRESSED HIS GRATITUDE TO THE INVESTMENT ADVISORY BOARD +IN CONTINUING TO PRODUCE A VERY HEALTHY INCOME FROM INVESTMENTS.+

NINE STAFF MEMBERS WHOSE CHILDREN ARE IN UNIVERSITIES, POLYTECHNICS AND POST-SECONDARY COLLEGES, OR ARE HANDICAPPED, RECEIVED THE BURSARY CERTIFICATES AND CHEQUES FROM MRS WILLIAM MONG.

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