XN000022-1992-12-02 — Page 4

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WEDNESDAY, DECEMBER 2, 1992

AS

REGARDS THE

(MISCELLANEOUS AMENDMENTS)

PENSION ORDINANCES

AND

REGULATIONS

BILL 1992, MR WIGGHAM SAID IT AIMED TO IMPROVE AND CLARIFY PENSIONS LEGISLATION BY REMOVING ANOMALIES AND INCONSISTENCIES.

THE MAJOR CHANGES ARE: TO STANDARDISE ARRANGEMENTS FOR THE COUNTING OF SERVICE BELOW THE AGE OF 18 AS PENSIONABLE SERVICE; AND TO INTRODUCE A MORE FLEXIBLE DEFINITION FOR PENSIONABLE EMOLUMENTS ΤΟ CATER FOR EXCEPTIONAL CIRCUMSTANCES.

DEBATES ON THE TWO BILLS WERE ADJOURNED.

BILL TO ESTABLISH INDUSTRIAL TECHNOLOGY CENTRE

* *

THE HONG KONG INDUSTRIAL TECHNOLOGY CENTRE CORPORATION BILL INTRODUCED INTO THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY) SOUGHT то ESTABLISH THE INDUSTRIAL TECHNOLOGY CENTRE AS A STATUTORY

CORPORATION.

MOVING THE SECOND READING OF THE BILL, THE SECRETARY FOR · TRADE AND INDUSTRY, MR T H CHAU, SAID THE PURPOSE WAS TO GIVE THE CENTRE AN APPROPRIATE STATUS IN LINE WITH THAT OF OTHER MAJOR INDUSTRY SUPPORT ORGANISATIONS.

THE BILL ALSO PROPOSES то ALLOW IT FLEXIBILITY IN ITS OPERATIONS WHILE PROVIDING A PROPER MEANS OF GOVERNMENT CONTROL.

THE OBJECT OF THE HONG KONG INDUSTRIAL TECHNOLOGY CENTRE CORPORATION IS TO PROMOTE TECHNOLOGICAL INNOVATION AND DEVELOPMENT AND THE APPLICATION OF NEW TECHNOLOGIES IN INDUSTRY IN HONG KONG.

NOW

"TO FURTHER THIS OBJECT, THE INDUSTRIAL TECHNOLOGY CENTRE, UNDER CONSTRUCTION, WILL PROVIDE ACCOMMODATION, * INCUBATION', TECHNOLOGY TRANSFER AND OTHER SUPPORT COMPANIES, HE SAID.

**

DEBATE ON THE BILL WAS ADJOURNED.

SERVICES FOR

TECHNOLOGY-BASED

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