XN000022-1991-06-24 — Page 3

MONDAY, JUNE 24,

JUNE 24, 1991

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DAVID CARSE ASSUMES OFFICE OF BANKING COMMISSIONER

THE NFW COMMISSIONER OF BANKING, MR DAVID CARSE, SECONDED FROM THE BANK OF ENGLAND, HAS ASSUMED OFFICE TODAY (MONDAY).

AGED 44, MR CARSE FIRST JOINED THE BANK OF ENGLAND IN 1969 AND HAS WORKED IN VARIOUS FIELDS INCLUDING ECONOMIC ANALYSIS, MANAGEMENT OF FINANCIAL MARKETS AND A TWO-YEAR SECONDMENT TO THE CABINET OFFICE.

MANAGER,

BEFORE TAKING HIS POST IN HONG KONG, MR CARSE WAS THE MAJOR ENGLISH CLEARING BANKS, IN THE BANKING SUPERVISION DIVISION THE BANK OF ENGLAND.

OF

12,100 SUMMER ACTIVITIES OFFERED FOR YOUNGSTERS

VARIED

YOUNG PEOPLE ARE URGED TO TAKE PART IN THE 12,100-PLUS AND SPECTACULAR ACTIVITIES BEING PLANNED FOR THIS YEAR'S SUMMER YOUTH PROGRAMME (SYP) TO ENJOY A MEANINGFUL AND ENTERTAINING SUMMER.

SPEAKING AT A PRESS CONFERENCE THIS (MONDAY) AFTERNOON, THE CHAIRMAN OF THE SYP COMMITTEE, MR PETER S.T. LEE, ANNOUNCED THAT THE 1991 SYP OPENING CEREMONY AND VARIETY SHOW WOULD BE HELD ON SUNDAY (JUNE 30).

"THIS YEAR'S THEME CONTINUES TO BE 'SHARE THE FUN, SERVE THE COMMUNITY',' HE SAID.

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MR LEE SAID SINCE 1969 SUMMER YOUTH ACTIVITIES HAD ATTRACTED LARGE NUMBERS OF PARTICIPANTS EVERY YEAR, ENABLING THEM TO SPEND A MBANINGFUL, SUMMER HOLIDAY.

"LAST YEAR SOME 1.28 MILLION YOUNGSTERS SYP," HE SAID.

PARTICIPATED IN THE

"IN LINE WITH THE SYP THEME, THE COMMITTEE HAS, THROUGH FUNDING ARRANGEMENTS ENCOURAGED PARTICIPATING ORGANISATIONS ΤΟ ORGANISE SOCIAL SERVICK ACTIVITIES TO PROVIDE YOUNG PEOPLE WITH OPPORTUNITIES TO SERVE THE COMMUNITY, IN ADDITION ΤΟ ORGANISING RECREATIONAL ACTIVITIES FOR THEM TO SHARE THE FUN, HE ADDED.

MR LEE SAID SCHOLARSHIPS FOR AN 18-DAY DIPLOMA COURSE AT THE OUTWARD BOUND SCHOOL WOULD CONTINUE TO BE AWARDED TO THOSE VOLUNTARY WORKERS DISPLAYING OUTSTANDING PERFORMANCE IN THE PROMOTION OF SUMMER YOUTH ACTIVITIES,

AS FOR THIS YEAR'S FUNDING, MR LRE SAID THE WAS ESTIMATED AT $32 MILLION, REPRESENTING A 23 OVER THAT OF LAST YEAR.

TOTAL EXPENDITURE PER CENT INCREASE

/THE ROYAL