XN000022-1988-07-05 — Page 4

TUESDAY, JULY 5, 1988

3

FINANCE COMMITTEE TO CONSIDER DOA

THE

BE MEMBERS OF THE FINANCE COMMITTEE WILL

TO NOTE ASKED DEFENCE COSTS AGREEMENT TERMS OF THE 1988

(DCA) WITH THE UNITED KINGDOM GOVERNMENT AT A MEETING TO BE HELD TOMORROW (WEDNESDAY).

THEY WILL ALSO BE ASKED TO APPROVE PROVISION OF $1,407 MILLION CASH CONTRIBUTION TOWARDS FOR PAYMENT OF THE HONG KONG GOVERNMENT'S

PAYMENT OF THE COSTS OF THE GARRISON IN 1988-89 AND TO APPROVE THE

ADDED TAX $266 MILLION TO COVER VALUE

(VAT) AND

TAX SALARIES ALLOWANCES INCURRED UNDER THE 1981 DEFENCE COSTS AGREEMENT.

ON

BE

AMONG OTHER ITEMS ON THE AGENDA, THE FINANCE COMMITTEE WILL

UPGRADING THE INLAND ASKED TO ACCEPT THE FINANCIAL IMPLICATIONS FOR REVENUE

SYSTEM AND

EXPENSES OTHER DEPARTMENT'S COMPUTER

LARGELY SALARIES TAXATION FOR ASSOCIATED WITH THE INTRODUCTION OF SEPARATE WORKING WIVES IN 1990.

AND

THIS THE NON-RECURRENT COST OF INTRODUCING

OTHER IMPROVEMENTS

THE MAKING

SYSTEM 15 $27,785,000.

ΤΟ

SEPARATE TAXATION ESTIMATED AT

ESTIMATED AT

THE ADDITIONAL ANNUAL RECURRENT COST INVOLVED IS ABOUT $23,282,000 FROM 1990-91 AND $23,395,000 FROM 1991-92 ONWARDS.

COMMITTEE MEMBERS WILL ALSO BE ASKED TO

APPROVE THE CREATION INLAND REVENUE MAJOR EQUIPMENT

OF A NEW SUBHEAD "UPGRADING OF THE COMPUTER SYSTEM IN DEPARTMENT" UNDER THE CAPITAL WORKS RESERVE FUND AND SYSTEMS WITH A PROJECT ESTIMATE OF $15,907,000.

TIE COMPUTER AND TO

THE SUM IS TO MEET THE CAPITAL COST OF UPGRADING

TAXATION INTRODUCTION OF SEPARATE SYSTEM REQUIPFO FOR THE SATISFY INCREASED PROCESSING DEMANDS.

13 QUESTIONS, 10 BILLS BEFORE LECCO

**

MEMBERS OF THE LEGISLATIVE COUNCIL WILL ASK

13 QUESTIONS AND

CONSIDER 10 BILLS IN THE COUNCIL MEETING TOMORROW (WEDNESDAY).

WILL ALSO MOVE A MOTION THE CHIEF SECRETARY AMENDMENTS BE MADE TO THE COUNCIL'S STANDING ORDERS.

THAT CERTAIN

/OF THE