XN000022-1992-06-30 — Page 3

2

TUESDAY, JUNE 30, 1992

GOVERNOR GRATEFUL TO EXCO MEMBERS' SUPPORT

* * * * * *

THE

GOVERNOR, LORD WILSON, SAID TODAY (TUESDAY) HE WAS

EXTREMELY GRATEFUL TO ALL MEMBERS OF THE EXECUTIVE COUNCIL FOR ADVICE AND SUPPORT OVER THE PAST FIVE YEARS.

THEIR

OF TO REPORTERS AFTER CHAIRING HIS LAST MEETING SPEAKING EXECUTIVE COUNCIL, LORD WILSON SAID HE ALSO EXPRESSED TO MEMBERS IMPORTANCE HE ATTACHED TO THE WORK OF THE COUNCIL.

THE

THE

"IT IS THE BODY IN HONG KONG WHICH TAKES THE DECISIONS ON OF THE GENERAL DIRECTIONS OF POLICIES, SO IT IS A VERY CRUCIAL PART WHOLE ADMINISTRATIVE STRUCTURE OF HONG KONG.

"I WANTED TO SAY TO MEMBERS, AND THIS WAS VERY HEART-FELT, THAT I AM EXTREMELY GRATEFUL TO ALL OF THEM FOR THE ADVICE AND SUPPORT WHICH THEY'VE GIVEN TO ME OVER THE LAST FIVE YEARS, HE SAID.

"

JOINED

"SOME OF THEM HAVE BEEN THERE FOR FIVE YEARS, SOME HAVE VERY RECENTLY BUT TO ALL OF THEM I SAID I WAS VERY GRATEFUL INDEED FOR THEIR CAREFUL, THOUGHTFUL ADVICE AND ALL THE SUPPORT THEY HAVE ME, LORD WILSON SAID.

11

GIVEN

WATER RATES TO RISE FROM AUGUST 1

*

THE EXECUTIVE COUNCIL TODAY (TUESDAY) APPROVED AN INCREASE IN

FOLLOWING WATER RATES FROM AUGUST 1 THIS YEAR

AN ANNUAL REVIEW OF WATER CHARGES.

A SPOKESMAN FOR THE WATER

BY DOMESTIC CONSUMERS WOULD INCREASE NON-DOMESTIC CONSUMERS 12.2 PER CENT.

AUTHORITY SAID THE RATES FOR 8.7 PER CENT AND THOSE FOR

"THE REVISION IS AIMED AT REFLECTING MORE ACCURATELY OF HIGHER OPERATING COSTS DUE MAINLY TO INFLATION AND THE EFFECT

THE COSTS OF EXPANSION OF THE SUPPLY SYSTEMS IN

NEXT FEW YEARS COPE WITH ANTICIPATED FUTURE DEMAND, THE SPOKESMAN SAID.

+1

THE

THE

TO

THE USUAL PRACTICE IN PREVIOUS YEARS WAS FOR THE INCREASE TAKE EFFECT FROM APRIL 1.

TO

THE SPOKESMAN EXPLAINED THAT THE DELAY IN IMPLEMENTATION OF

INCREASE THIS YEAR'S

WAS IN LINE WITH THE GOVERNMENT'S AIM AS ANNOUNCED BY THE FINANCIAL SECRETARY IN HIS BUDGET SPEECH OF PHASING

FEES IN NECESSARY ADJUSTMENTS TO GOVERNMENT

AND CHARGES SO AS MINIMISE THEIR IMPACT ON CONSUMERS.

ΤΟ

UNDER THE NEW RATES, 18 PER CENT OF THE CONSUMERS WILL CONTINUE TO ENJOY FREE SUPPLY OF WATER, CENT WILL PAY AN EXTRA SUM OF LESS THAN $2 PER WEEK.

1. 6 MILLION

DOMESTIC

64 WHILE

PER

/THE REMAINING

+