XN000022-1986-11-08 — Page 6

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SATURDAY, NOVEMBER 8, 1986

MR CHEN ALSO TALKED BRIEFLY ON THE IMPLICATIONS OF ESTABLISHING A CENTRAL PROVIDENT FUND IN HONG KONG, A SUBJECT WHICH HE SAID HAD BEEN CONSIDERED INTERMITTENTLY OVER A NUMBER OF YEARS.

+A CONSULTATION PAPER HAS JUST BEEN ISSUED AND WILL BE DISCUSSED BY THE LABOUR ADVISORY BOARD AT ITS MEETING ON DECEMBER 5, + HE SAID.

+THE PAPER ATTEMPTS TO SUMMARISE THE ARGUMENTS BOTH FOR AND AGAINST THE ESTABLISHMENT OF SUCH A FUND AS WELL AS THE VARYING RATES OF CONTRIBUTION OVER VARYING PERIODS OF TIME.

+HOWEVER, THE PAPER DOES NOT DRAW ANY CONCLUSION AS THE GOVERNMENT HAS NOT TAKEN ANY CONCRETE STAND OR MADE ANY DECISION ON THE ESTABLISHMENT OF SUCH A FUND, + HE ADDED.

LIAO OPENS SHAM SHUI PO FESTIVAL

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THE $1 MILLION SHAM SHUI PO DISTRICT FESTIVAL BEGAN TODAY (SATURDAY) WITH A VARIETY SHOW AT THE MONG KOK STADIUM.

OPENING THE FESTIVAL, THE SECRETARY FOR DISTRICT ADMINISTRATION, MR DONALD LIAO, SAID THE FESTIVAL THIS YEAR WOULD BE THE BIGGEST EVER STAGED IN THE DISTRICT.

MR LIAO PRAISED THE COMMUNITY SPIRIT DEMONSTRATED BY VARIOUS LOCAL BODIES IN ORGANISING THE FESTIVAL. LOCAL DONATIONS HAD ACCOUNTED FOR 70 PER CENT OF THE FUNDS REQUIRED.

HE SAID IT WAS GOVERNMENT POLICY TO ENCOURAGE RESIDENTS TO TAKE PART IN COMMUNITY AFFAIRS AND TO ENCOURAGE LOCAL CULTURAL AND RECREATIONAL ACTIVITIES, IN ORDER TO ENHANCE RESIDENTS' SENSE OF BELONGING TO THEIR DISTRICT.

THE THEME OF THE FESTIVAL IS PROMOTION OF CIVIC EDUCATION. MORE THAN 50 CULTURAL, RECREATIONAL, SPORTS AND COMMUNITY ACTIVITIES HAVE BEEN ARRANGED.

THE FIVE-WEEK DISTRICT FESTIVAL WILL CLOSE WITH A VARIETY SHOW TO BE HELD AT THE ACADEMIC COMMUNITY HALL ON DECEMBER 13.

A LIST OF FESTIVAL EVENTS IS AVAILABLE AT THE SHAM SHUI PO DISTRICT OFFICE, 39 TONKING STREET, KOWLOON AND ITS SUB-OFFICES.

THE FESTIVAL IS ORGANISED BY THE 1986 SHAM SHUI PO DISTRICT FESTIVAL ORGANISING COMMITTEE, CO-ORGANISED BY THE SHAM SHUI PO DISTRICT OFFICE, THE SHAM SHUI PO ARTS ASSOCIATION AND THE SHAM SHUI PO SPORTS ASSOCIATION, AND SPONSORED BY THE DISTRICT BOARD, URBAN COUNCIL AND RESIDENTS' ORGANISATIONS.

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