XN000022-1992-07-15 — Page 23

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WEDNESDAY, JULY 15, 1992

LAND SALE PROCEEDS KEPT IN VIEW

THE GOVERNMENT WILL CONTINUE TO MONITOR

THE LAND SALE

PROGRAMME AND WILL, IN THE NORMAL COURSE, PREPARE REVISED REVENUE ESTIMATES IN THE LIGHT OF ACTUAL LAND SALE PROCEEDS.

THIS WAS STATED BY THE SECRETARY FOR PLANNING, ENVIRONMENT AND LANDS, MR TONY EASON, IN A WRITTEN REPLY TO A QUESTION BY THE HON GILBERT LEUNG IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).

LAND SALES FOR THE FIRST TWO MONTHS OF THE FINANCIAL YEAR 1992-93 GENERATED $1,866.65 MILLION, WHICH AMOUNTED ΤΟ OVER 20 PER CENT OF THE ESTIMATED REVENUE ($8,630 MILLION) FROM THIS SOURCE.

MR FASON SAID LAND SALE PROCEEDS FOR ONLY THE FIRST TWO MONTHS OF THE FINANCIAL YEAR WAS UNLIKELY TO BE AN ACCURATE GUIDE ΤΟ THE FULL YEAR TOTAL.

THIS WAS BECAUSE THE TIMING FOR LAND SALES WAS NOT SPREAD EVENLY THROUGHOUT THE YEAR AND THE PREMIA RECEIVED FOR DIFFERENT SITES VARIED CONSIDERABLY, HE EXPLAINED.

"IT WOULD THEREFORE BE PREMATURE TO JUDGE WHETHER OUR REVENUE ESTIMATE IS TOO CONSERVATIVE,' HE ADDED.

J

REVENUES FROM LAND SALES FOR THE YEARS 1989-90, 1990-91 AND 1991-92 WERE $8,524 MILLION, $4,351 MILLION AND $13,925 MILLION RESPECTIVELY.

THESE COMPARED WITH THE ORIGINAL ESTIMATES OF $7,941 MILLION, $5,820 MILLION AND $4,070 MILLION RESPECTIVELY,

THE REVENUE REALISED IN 1991-92 FROM THE SALE OF THE ADDITIONAL 5.9 HECTARES OF LAND GRANTED BY THE SINO-BRITISH LAND COMMISSION WAS $2,499.2 MILLION.

PERSONAL RECORDS OF POLICE WELL PROTECTED

THE ADMINISTRATION

BELIEVES THE

PRACTICE OF PASSING INFORMATION CONCERNING POLICE OFFICERS TO THE INDEPENDENT COMMISSION AGAINST CORRUPTION (ICAC) FOR SPECIFIC INVESTIGATIONS JS NOT INCONSISTENT WITH THE BILL OF RIGHTS ORDINANCE.

THIS WAS STATED BY THE SECRETARY FOR SECURITY, MR ALISTAIR ASPREY, IN A WRITTEN REPLY TO A QUESTION BY THE HON JAMES

ΤΟ IN LEGISLATIVE COUNCIL TODAY (WEDNESDAY).

THE

/MR ASPREY