FRIDAY, MARCH 2, 1990
"THE ESTIMATED ANNUAL ADDITIONAL EXPENDITURE ARISING FROM THE ADJUSTMENT WOULD BE $304.6 MILLION, THE SPOKESMAN ADDED.
"
OF
THE FINANCE COMMITTEE ALSO APPROVED SUPPLEMENTARY PROVISION $99.5 MILLION TO MEET INCREASED EXPENDITURE ON PA AND SNA IN 1989-90.
HK PRODUCTIVITY COUNCIL (AMENDMENT) BILL 1990 GAZETTED
*
*
THE
OF MEMBERSHIP GREATER REPRESENTATION
THE GOVERNMENT HAS PROPOSED TO ENLARGE THE HONG KONG PRODUCTIVITY COUNCIL TO PROVIDE FOR FROM MAJOR INDUSTRIAL SECTORS.
THE PROPOSALS ARE CONTAINED IN THE HONG KONG PRODUCTIVITY COUNCIL (AMENDMENT) BILL 1990 PUBLISHED IN THE GAZETTE TODAY (FRIDAY).
MRS
HAD REMAINED THE COUNCIL'S
THE PRINCIPAL ASSISTANT SECRETARY FOR TRADE AND INDUSTRY,
OF
COUNCIL THE CLARIE LO, SAID THE NUMBER OF MEMBERS
BUT THE UNCHANGED SINCE 1967,
NATURE AND SCOPE OF ACTIVITIES HAD EXPANDED ENORMOUSLY.
CURRENT
THE AT THE SAME TIME, INADEQUATE TO ALLOW ALL THE MAJOR SUFFICIENTLY REPRESENTED.
SIZE OF THE MEMBERSHIP WAS BE INDUSTRIAL
TO SECTORS
MEMBERS FROM
"IT IS THEREFORE PROPOSED TO ENLARGE THE COUNCIL'S MEMBERSHIP FROM 21 TO 23 TO ALLOW FOR THE APPOINTMENT OF TWO EXTRA THE MAJOR INDUSTRIAL SECTORS, SHE SAID.
"
14
**THIS WILL ENABLE THE COUNCIL TO COPE WITH
VOLUME SCOPE,
IT'S WORK AND COMPLEXITY OF
WHICH HAS INCREASED SIGNIFICANTLY IN
RECENT YEARS.
THE
MRS LO SAID THE PROPOSED AMENDING COUNCIL ΤΟ ESTABLISH AND ACQUIRE PRODUCTIVITY ENHANCEMENT ACTIVITIES.
THE
LEGISLATION ALSO EMPOWERED
COMPANIES TO CARRY
OUT
ΤΟ IT ALSO EMPOWERED THE COUNCIL
MAKE LOANS OR GIVE OTHER FORMS OF FINANCIAL ASSISTANCE TO COMPANIES ESTABLISHED BY IT.
FOR
**THIS WILL ENABLE THE COUNCIL TO PLAY ITS ROLE AS A GOVERNMENT AGENT MORE EFFECTIVELY, AND TO EXPLOIT MORE READILY OPPORTUNITIES COMMERCIAL ENTERPRISES,' SHE SAID.
"
THE BILL IS DUE TO BE INTRODUCED INTO THE LEGISLATIVE COUNCIL
ON MARCH 14.
0
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