XN000022-1986-04-02 — Page 9

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WEDNESDAY, APRIL 2, 1986

BUT ALWAYS SUBJECT TO THE GENERAL RULE THAT INTEREST CEASES TO ACCRUE AFTER 36 COMPLETE MONTHS WITHOUT SURRENDER FOR PAYMENT OF TAX.

EXAMPLE:

$1 000 CERTIFICATES PURCHASED ON APRIL 3, 1986, MAY 3, 1986 AND JUNE 3, 1986 RESPECTIVELY, SURRENDER IN PAYMENT OF TAX DUE ON JULY 2, 1986 WILL HAVE INTEREST CALCULATED AS FOLLOWS:

ON $ 1000, APRIL 3, 1986 TO JULY 2, 1986 3 COMPLETE MONTHS AT $3.60 PER MONTH

10.80

ON $1 000, MAY 3, 1986 TO JULY 2, 1986 2 COMPLETÉ MONTHS AT $3.60 PER MONTH

7.20

ON $1 000, JUNE 3, 1986 TO JULY 2, 1986 1 COMPLETE MONTH AT $3.60 PER MONTH

3.60

$21.60

SURVEY OF OVERSEAS INDUSTRIAL INVESTMENT

*****

THE INDUSTRY DEPARTMENT IS TO CONDUCT A SURVEY ABOUT OVERSEAS INDUSTRIAL INVESTMENT IN HONG KONG.

TWO PRINCIPAL OBJECTIVES ARE:

*

*

TO UPDATE THE DEPARTMENT'S DATA ON OVERSEAS INVESTMENT, IN TERMS OF CAPITAL DEPLOYED, EMPLOYMENT CREATED, NEW OR IMPROVED TECHNOLOGY INTRODUCED, PRODUCTS AND EXPORT PROSPECTS; AND

TO ASSESS THE RELATIVE MERITS OF HONG KONG AS A LOCATION FOR OVERSEAS INVESTMENT IN THE MANUFACTURING SECTOR.

A DEPARTMENT SPOKESMAN SAID INFORMATION FROM THE SURVEY, WHICH WILL RUN FROM APRIL TO JULY, IS OF IMPORTANCE TO THE DEPARTMENT IN PERFORMING ITS ROLE OF ADVISING GOVERNMENT OF ANY CHANGES THAT MAY BE REQUIRED TO IMPROVE THE ENVIRONMENT IN WHICH BUSINESSES MAY EFFICIENTLY AND PROFITABLY BE CARRIED ON.

IT ALSO HELPS EFFORTS TO PROMOTE FURTHER OVERSEAS INVESTMENT AND PARTICIPATION IN HONG KONG'S MANUFACTURING INDUSTRY, HE ADDED.

THE SURVEY