XN000022-1991-08-09 — Page 13

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FRIDAY, AUGUST 9, 1991

HE SAID THE EXPRESSWAY WAS DIVIDED INTO THREE SECTIONS.

KEI

TSAI ΤΟ TA THE THREE-KILOMETRE YAM O SECTION FROM TSING CHAU PANG PO AND THE 6.5-KILOMETRE TAI HO SECTION FROM TA PANG PO TO TAU KOK FORMED PHASE 1 OF THE NORTH LANTAU EXPRESSWAY PROJECT.

THE

PROJECT

IS THE

FOUR-KILOMETRE OF PHASE 2 SECTION EXTENDING FROM KEI TAU KOK TO THE NEW AIRPORT.

TUNG CHUNG

A

1 CONTRACT - WOULD

CARRIAGEWAY,

TOTAL WIDTH

MR KWEI SAID THE WORKS COVERED BY THE PHASE

DUAL THREE-LANE INCLUDE THE CONSTRUCTION OF A TWO-TRACK RAILWAY FORMATION AND A UTILITY RESERVE OVER A OF ABOUT 65 METRES TO BE BUILT ON EXISTING OR RECLAIMED LAND.

IN ADDITION, LARGE DIAMETER WATERMAINS WOULD ALSO BE UNDER THE CONTRACTS, HE SAID.

INSTALLED

APPLICATION FOR THE DEADLINE SEPTEMBER 6, THIS YEAR.

FOR

FOLLOWING THE PREQUALIFICATION

DEPARTMENT WILL

INVITE

TENDERS FROM

PREQUALIFICATION

IS NOON

EXERCISE, THE HIGHWAYS

IN

PREQUALIFIED CONTRACTORS NOVEMBER THIS YEAR AND FEBRUARY NEXT YEAR FOR THE CONSTRUCTION OF THE TAI HO AND YAM O SECTIONS RESPECTIVELY.

CENTRALISED COLLECTION OF STAMP DUTY COMMENCES ON SEPTEMBER 2

* * *

AND

TODAY OF STAMP

AU-YEUNG, ANTHONY THE COMMISSIONER OF INLAND REVENUE, MR

EXCHANGE, MR FRANCIS YUEN, THE CHIEF EXECUTIVE OF THE STOCK (FRIDAY) SIGNED AN AGREEMENT FOR THE CENTRALISED COLLECTION DUTY BY THE STOCK EXCHANGE.

AGREEMENT,

THE

WITH THE COLLECTION PERMITTED TO COLLECT STAMP DUTY DUE FROM CONSOLIDATED PAYMENT TO THE STAMP OFFICE.

STOCK

EXCHANGE

WILL BE ITS BROKERS AND MAKE ONE

SYSTEM,

DUE ΤΟ IMPRINT MAKE AN WILL

MR AU-YEUNG SAID UNDER THE CENTRAL COLLECTION BE IMPLEMENTED ON SEPTEMBER 2, STOCKBROKERS WILL NEED ONLY TO

AND NOTE, THE AMOUNT OF STAMP DUTY PAYABLE ON THE CONTRACT ENDORSEMENT ON IT TO THE EFFECT THAT THE STAMP DUTY SO IMPRINTED BE PAID TO THE STOCK EXCHANGE.

THE BROKERS WILL THEN PAY THE REQUISITE DUTY ON A "TRADE

THE PAYMENTS BASIS TO THE STOCK EXCHANGE WHICH THEN CONSOLIDATE REMIT THEM TO THE STAMP OFFICE.

DAY"

AND

IMPRINT AND ENDORSEMENT MAY THE COLLECTOR. ANY

ONLY

BE

CONTRAVENTION

OF

FOR CONTROL PURPOSES, THE MADE BY PERSONS AUTHORISED BY THIS IS AN OFFENCE.

/"INITIALLY, ALL