XN000022-1988-03-22 — Page 4

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TUESDAY, MARCH 22, 1988

THE REVIEW COMMITTEE WILL SUBMIT ITS FINDINGS AND RECOMMENDATIONS TO THE GOVERNOR VIA THE STANDING COMMISSION ON CIVIL SERVICE SALARIES AND CONDITIONS OF SERVICE.

THE STANDING COMMISSION HAS APPOINTED MR A.L. RENNIE, A RETIRED SENIOR CIVIL SERVANT FROM THE UNITED KINGDOM, AS CHAIRMAN OF THE INDEPENDENT REVIEW COMMITTEE.

MR RENNIE HAS SERVED IN NUMEROUS SENIOR POSITIONS IN THE DEPARTMENT OF HEALTH FOR SCOTLAND; AS PRIVATE SECRETARY TO THE SECRETARY OF STATE FOR SCOTLAND; AS REGISTRAR GENERAL FOR SCOTLAND AND AS AN UNDER SECRETARY AT THE SCOTTISH OFFICE.

HE RETIRED IN 1984 AS SECRETARY, SCOTTISH! HOME AND HEALTH DEPARTMENT. MR RENNIE WAS HEAD OF THE DEPARTMENT DURING DISCUSSIONS ON POLICE AND PRISON PAY, AND IN RETIREMENT, HAS BEEN INVOLVED IN COMMITTEE ON MERIT AWARDS IN THE NATIONAL HEALTH SERVICE.

MONTH.

THE

MR RENNIE IS DUE TO ARRIVE IN HONG KONG AT THE END OF THIS

THE OTHER TWO MEMBERS OF THE REVIEW COMMITTEE HAVE BEEN APPOINTED LOCALLY. THEY ARE SIR ROGER LOBO, WHO PREVIOUSLY SERVED AS

EXECUTIVE A MEMBER OF THE

COUNCIL AND AS SENIOR MEMBER OF THE

FAN, LEGISLATIVE COUNCIL, AND MRS RITA

CURRENTLY A MEMBER OF THE LEGISLATIVE COUNCIL.

CIVIL

THE REVIEW COMMITTEE WILL BE SECRETARIAT COMPRISING A TEAM OF GOVERNMENT.

SERVED BY AN SERVANTS SECONDED

INDEPENDENT

FROM

THE

DIRECTORATE

GRADE

THE SECRETARIAT WILL BE HEADED BY A ADMINISTRATIVE OFFICER, MR ROGER GARCIA, WHO HAS BEEN SPECIALLY SECONDED FROM THE GOVERNMENT SECRETARIAT FOR THE REVIEW.

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STOCK EXCHANGE OF HONG KONG LIMITED ANNUAL FEE

*

AN ANNUAL EXCHANGE OF HONG

FEE OF $14.5 MILLION IS PAYABLE BY THE STOCK KONG LIMITED TO THE GOVERNMENT FOR THE PERIOD APRIL 2, 1988 TO APRIL 1, 1989, A GOVERNMENT SPOKESMAN ANNOUNCED TODAY

(TUESDAY).

HE SAID THAT UNDER THE STOCK EXCHANGES UNIFICATION ORDINANCE, THE EXCHANGE COMPANY WAS GIVEN THE EXCLUSIVE RIGHT TO ESTABLISH AND OPERATE A STOCK MARKET IN HONG KONG AND THE COMPANY WAS REQUIRED TO PAY TO THE GOVERNMENT AN ANNUAL FEE IN RESPECT OF THAT EXCLUSIVE RIGHT.

THE ANNUAL