XN000022-1992-02-26 — Page 20

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WEDNESDAY, FEBRUARY 26, 1992

THE TAX ASSESSED TO THIS SECTOR FOR THE PAST

THREE YEARS WAS

AS FOLLOWS:

YEAR ENDED:

31.3.89

TAX ASSESSED: ($MILLION)

3,800

31.3.91

5,557

"THE DEPARTMENT DOES NOT KEEP STATISTICS SHOWING THE AMOUNT TAX OWED BY INDIVIDUAL TRADES OR BUSINESSES," HE SAID.

31.3.90

4,760

OF

MORE INFORMATION NEEDED ON SKY RAIL PROPOSAL

INFORMED THE

MICHAEL THE SECRETARY FOR TRANSPORT, MR

LEUNG,

COUNCIL TODAY LEGISLATIVE

(WEDNESDAY) THAT FOLLOWING PRELIMINARY DISCUSSIONS WITH THE KOWLOON SKYRAIL COMPANY, IT WAS DECIDED THAT THE FROM HUNGHOM BAY TO CONCEPT OF BUILDING A 4.7 KM LIGHT RAIL SYSTEM TSIM SHA TSUI SHOULD BE SUPPORTED IN PRINCIPLE.

WITH THE ON

BUT MR LEUNG SAID FURTHER DISCUSSIONS SHOULD BE HELD COMPANY TO OBTAIN MORE INFORMATION ABOUT THE PROJECT, PARTICULARLY ITS ENVIRONMENTAL IMPACT AND FINANCIAL VIABILITY.

THE COMPANY HAD HE SAID INFORMATION BUT MORE WAS NEEDED.

SINCE PROVIDED SOME

OF

THIS

THE OPERATE

"ONCE ALL THE RELEVANT DETAILS HAVE BEEN RECEIVED AND EVALUATED, A

WILL DECISION

BE TAKEN ON

OR WHETHER

NOT ADMINISTRATION SHOULD NEGOTIATE WITH THE COMPANY TO BUILD AND THE SYSTEM," MR LEUNG SAID.

MR

IN A WRITTEN REPLY TO A QUESTION BY THE HON MAN SAI-CHEONG,

WOULD ALSO LEUNG SAID IN EVALUATING THE PROPOSAL, THE ADMINISTRATION

A REAL TRANSPORT TAKE INTO ACCOUNT WHETHER THE SYSTEM WOULD PROVIDE

THE BENEFIT

INTO AND COULD BE SUCCESSFULLY

GENERAL

PLANNING FOR THE KOWLOON PENINSULA.

INTEGRATED

WHETHER THE SYSTEM WOULD VIABLE TO BE

OTHER MAIN CONSIDERATIONS INCLUDED MEET APPROPRIATE SAFETY AND OPERATING STANDARDS AND BE BUILT AND OPERATED ON A SELF-FINANCING BASIS WITHOUT ANY GOVERNMENT SUBSIDY.

RAIL'

SHOWING THAT

MR LEUNG ADDED THAT THE CONSTRUCTION AND OPERATION OF THE

WOULD SYSTEM

NOT BE AUTHORISED WITHOUT, REQUIREMENTS, THE PRODUCTION OF A FULL ENVIRONMENTAL ASSESSMENT

IT WOULD SATISFY THE

'SKY

AMONG

OTHER IMPACT

GOVERNMENT'S

ENVIRONMENTAL PROTECTION STANDARDS.

وار

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