XN000022-1987-02-05 — Page 7

THURSDAY, FEBRUARY 5, 1987

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THE FUND IS EXPECTED TO RECEIVE FURTHER DONATIONS FROM THE DONOR, OTHER ORGANISATIONS AND MEMBERS OF THE PUBLIC.

IT WILL BE ADMINISTERED BY A BOARD OF TRUSTEES COMPRISING MR RAYMOND LAW KAR-KUI, MR MICHAEL M.K. LEUNG, DIRECTOR OF EDUCATION, SERVING IN HIS PERSONAL CAPACITY, MR LO CHI-SANG, MR WILFRED LEE CHEE-WAH, AND MR SO FAI-CHO, ASSISTANT DIRECTOR OF EDUCATION (CHIEF INSPECTOR OF SCHOOLS) AS A REPRESENTATIVE OF THE EDUCATION DEPARTMENT.

TO LAUNCH THE FUND'S OPERATIONS, MR LAW TODAY (THURSDAY) OFFICIATED AT A CEREMONY IN WHICH $100 000 WAS ALLOCATED TOWARDS FINANCING TWO COMMUNITY YOUTH CLUB (CYC) PROJECTS IN 1987-88.

THE PROJECTS ARE A VISIT TO SINGAPORE FOR OUTSTANDING CYC MEMBERS, SCHEDULED FOR JULY, AND A +FUN DAY FOR THE ELDERLY+ TO BE ORGANISED BY THE CYC SENIOR MEMBERS SERVICE GROUP TOWARDS THE END OF THE YEAR.

SPEAKING AT THE CEREMONY, MR LAW SAID THE TRUST FUND HAD BEEN ESTABLISHED WITH THE OBJECTIVE OF SERVING THE COMMUNITY, WHICH WAS SOMETHING THAT HE HAD ALWAYS BEEN INTERESTED IN.

IN THANKING MR LAW FOR HIS GENEROUS DONATION, MR LEUNG PAID TRIBUTE TO HIM FOR LAUNCHING SUCH A MEANINGFUL PROJECT IN HELPING TO ENCOURAGE YOUNG PEOPLE TO SERVE THEIR COMMUNITY.

EXCO ENDORSES REVISED METERED PARKING CHARGES

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THE EXECUTIVE COUNCIL HAS APPROVED A PROPOSAL TO INCREASE METERED PARKING CHARGES IN SEVERAL DISTRICTS ON BOTH SIDES OF THE HARBOUR THIS YEAR.

NO DATES HAVE YET BEEN FIXED FOR THE INCREASE, BUT WHEN IT OCCURS THE EXISTING CHARGES ON HEAVILY USED METERED SPACES WILL BE DOUBLED.

THIS MEANS THAT WHERE THE MINIMUM FEE IS NOW 50 CENTS IT WILL BECOME $1 AND WHERE IT IS NOW $1 IT WILL BECOME $2.

A TRANSPORT DEPARTMENT SPOKESMAN SAID THE REVISED RATES WILL BE INTRODUCED IN CENTRAL AND WAN CHAI ON HONG KONG ISLAND- AND IN YAU MA TEI, MONG KOK, KOWLOON CITY, WONG TAI SIN AND SHA TIN, THERE ARE ABOUT 7 800 METERS IN THESE AREAS.

/HE SAID