XN000022-1987-12-08 — Page 17

16

TUESDAY, DECEMBER 8, 1987

STORM WATER PUMPING STATIONS FOR TAI O

**

TWO STORM WATER PUMPING STATIONS AND ASSOCIATED OUTFALLS BEING PLANNED AT TAI O ON LANTAU ISLAND FOR IMPROVING THE DRAINAGE THE AREA.

ONE OF THE PUMPING STATIONS WILL BE ON THE EAST END OF PING STREET AND THE OTHER THE WEST END OF WING ON STREET.

ARE

IN

TAI

CONSTRUCTION WORK IS EXPECTED ΤΟ START NEXT APRIL AND BE COMPLETED IN SEPTEMBER 1989.

A TOTAL OF ABOUT 0.16 HECTARE OF FORESHORE AND SEABED WILL BE AFFECTED AND THE EXTENT OF WHICH HAS BEEN DESCRIBED IN A NOTICE IN THE LATEST GOVERNMENT GAZETTE.

THE NOTICE TOGETHER WITH ITS RELATED PLAN CAN BE SEEN ON NOTICE BOARDS POSTED NEAR THE SITE.

THE PLAN CAN ALSO BE VIEWED AT THE BUILDINGS AND LANDS DEPARTMENT'S SURVEY AND MAPPING OFFICE ON THE 5TH FLOOR OF MURRAY BUILDING, GARDEN ROAD, CENTRAL; AND

AT THE ISLAND DISTRICT

ON THE 20TH FLOOR OF HARBOUR BUILDING, PIER ROAD, CENTRAL.

OFFICE

WRITTEN OBJECTIONS TO THE PROPOSED WORK SHOULD BE SENT DIRECTOR OF BUILDINGS AND LANDS BY FEBRUARY 3, 1988.

TO

THE

INTEREST ON TAX RESERVE CERTIFICATES REVISED

GOVERNMENT GAZETTE

AN EXTRAORDINARY EDITION OF THE

PUBLISHED YESTERDAY (MONDAY) CONTAINS A LEGAL NOTICE TO THE EFFECT THAT THE FINANCIAL SECRETARY HAS AUTHORISED A DECREASE IN THE RATE OF INTEREST PAYABLE ON TAX RESERVE CERTIFICATES. AS FROM TOMORROW (WEDNESDAY), THE NEW ANNUAL RATE OF INTEREST WILL BE 2.04 PER CENT (TAX FREE) AS AGAINST THE CURRENT RATE OF 3 PER CENT (TAX FREE).

INTEREST ON TAX RESERVE CERTIFICATES IS CALCULATED IN MONTHLY STEPS AND THE NEW RATE WILL BE $0.17 PER MONTH PER $100. INTEREST WILL BE CREDITED AS BEFORE IN RESPECT OF COMPLETE MONTHS BETWEEN PURCHASE AND SURRENDER IN PAYMENT OF TAX.

INTEREST IS ONLY CREDITED WHEN CERTIFICATES ARE USED TO PAY TAX AND NO INTEREST IS DUE WHERE THE PRINCIPAL VALUE OF A CERTIFICATE IS REPAID BY A CHEQUE.

/THE NEW