XN000022-1988-03-09 — Page 12

WEDNESDAY, MARCH 9, 1988

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SUMMARY OF CHANGES TO ESTIMATES

ΤΟ

A SUMMARY OF ALL CHANGES MADE

THE APPROVED ESTIMATES OF YEAR WAS EXPENDITURE FOR THE SECOND QUARTER OF THE 1987-88 FINANCIAL TABLED FOR MEMBERS' INFORMATION BY THE ACTING FINANCIAL SECRETARY, THE HON DAVID NENDICK, IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).

SUPPLEMENTARY PROVISION OF $149.1 MILLION WAS APPROVED AND IT WAS FULLY OFFSET EITHER BY SAVINGS UNDER THE SAME HEAD OF EXPENDITURE OR BY THE DELETION OF FUNDS UNDER THE ADDITIONAL COMMITMENTS SUBHEADS, HE SAID.

of

APPROVED NON-RECURRENT COMMITMENTS WERE INCREASED BY $199.6 MILLION DURING THE PERIOD, AND NEW NON-RECURRENT COMMITMENTS $121.2 MILLION WERE ALSO APPROVED.

IN THE SAME PERIOD, A NET INCREASE OF 1,412 POSTS WERE

APPROVED.

MR NENDICK NOTED THAT ITEMS IN THE SUMMARY HAD BEEN APPROVED KITHER BY THE FINANCE COMMITTEE OR UNDER DELEGATED AUTHORITY.

CHANGES PROPOSED IN PAYPHONE RENTAL

ITS

THE HONGKONG TELEPHONE COMPANY LIMITED PROPOSED TO ALTER CHARGING ARRANGEMENTS FOR THE RENTAL OF ITS PRIVATE PAYPHONE IN TWO RESPECTS, THE ACTING FINANCIAL SECRETARY, THE HON DAVID NENDICK, IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).

SAID

MOVING A MOTION TO AMEND PART III OF THE SCHEDULE TO TELEPHONE ORDINANCE, MR NENDICK SAID THAT FIRST THE COMPANY WISHED REDUCE THE ANNUAL TARIFF FROM $6,600 TO $2,400.

THE

TO

SECONDLY, IT SOUGHT TO SHARE CALL CHARGE REVENUE WITH THE PRIVATE PAYPHONE RENTER ON AN EQUAL BASIS.

CURRENTLY, ALL CHARGE

REVENUE WAS RETAINED BY THE PRIVATE

PAYPHONE RENTER.

MR NENDICK SAID THAT TAKEN TOGETHER. THESE TWO PROPOSALS REPRESENTED A FAIRER SYSTEM FOR CHARGING THE PRIVATE PAYPHONE RENTER THAN THE CURRENT SINGLE HIGH RENTAL CHARGE, WHICH TOOK NO ACCOUNT OF THE USE OF THE TELEPHONE NETWORK.

"THE PROPOSED