XN000022-1989-12-15 — Page 6

5

FRIDAY, DECEMBER 15,

1989

THEREFORE

DECIDED ΤΟ INTRODUCE THE

THE GOVERNMENT HAS FOLLOWING ADMINISTRATIVE ARRANGEMENTS:

SETTING OUT THE TRANSPORT AND FINANCIAL OBJECTIVES THE CORPORATION IS EXPECTED TO ACHIEVE AND HAVING THEM APPROVED AND ADOPTED AS ITS BASIC STRATEGY;

FORMALLY

SECRETARY

REQUIRING THE CORPORATION TO SUBMIT ANNUALLY A FIVE-YEAR PROGRAMME OF ACTIVITIES AND ANNUAL BUDGET TO THE FOR TRANSPORT. THESE WILL BE REGULARLY REVIEWED;

REQUIRING THE CORPORATION TO SUBMIT ANNUALLY A STATEMENT OF CORPORATE INTENT TO THE EXECUTIVE COUNCIL FOR INFORMATION;

APPOINTING A FULL-TIME CHAIRMAN CUM CHIEF EXECUTIVE ΤΟ OVERSEE THE OPERATION AND ACTIVITIES OF THE CORPORATION, TO BE HELD ACCOUNTABLE FOR ITS PERFORMANCE.

A GOVERNMENT SPOKESMAN SAID THAT THE ABOVE MEASURES WOULD NOT CAUSE ANY FUNDAMENTAL CHANGES TO THE GOVERNMENT'S POLICY TOWARDS THE CORPORATION. THIS IS TO PROVIDE AND MANAGE A SAFE AND EFFICIENT RAILWAY SERVICE TAKING ACCOUNT OF THE REASONABLE REQUIREMENTS OF THE PUBLIC TRANSPORT SYSTEM IN HONG KONG, AND ΤΟ OPERATE ACCORDING TO PRUDENT COMMERICAL PRINCIPLES.

THE SPOKESMAN ADDED THAT THESE MEASURES WOULD NOT APPLY TO OTHER PUBLIC AND STATUTORY BODIES WHICH WOULD BE REVIEWED SEPARATELY DEPENDING ON THEIR OWN CIRCUMSTANCES.

CONTROL ON IMPORT AND EXPORT OF HALONS

LICENSED,

THE GOVERNMENT ANNOUNCED IN

THE

(FRIDAY) OF THE OZONE LAYER

THE GAZETTE TODAY COMING INTO OPERATION OF PART 2 OF THE SCHEDULE PROTECTION ORDINANCE (OLPO) ON JANUARY 1, 1990.

FROM JANUARY

EXTINGUISHING AGENTS)

ΤΟ BE

DEPARTMENT (EPD) SAID.

OF

(FIRE HALONS AND EXPORT 1, IMPORT

CHEMICALS WILL HAVE AND OZONE LAYER DEPLETING FOR

ENVIRONMENTAL THE A SPOKESMAN

PROTECTION

THE OLPO WAS ENACTED THIS YEAR TO GIVE EFFECT INTERNATIONAL OBLIGATIONS UNDER THE 1985

ΤΟ HONG KONG'S VIENNA CONVENTION FOR THE

PROTECTION OF THE OZONE

LAYER

AND THE

1987

MONTREAL

PROTOCOL

ON

SUBSTANCES THAT DEPLETE THE OZONE LAYER.

/UNDER THE