XN000022-1993-05-18 — Page 3

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TUESDAY, MAY 18, 1993

THE APPLICANT AND HIS FAMILY MUST RE ACCOMMODATION,

LIVING IN PRIVATE

RESALE OF A FLAT WITHIN THE FIRST THREE YEARS WILL ONLY BE PERMITTED UPON REPAYMENT OF THE LOAN IN FULL PLUS ANY GAIN IN PROPERTY VALUE.

TI

"THE

IMPLEMENTATION DETAILS WILL BE PUT TO THE GOVERNOR IN COUNCIL AS SOON AS POSSIBLE, SAID MR KRASON, 'WE HOPE TO LAUNCH THE SCHEME IN SUMMER. THE FIRST BATCH OF BENEFICIARIES. SHOULD NUMBER ABOUT 1,000. BUT WE WILL REVIEW THE TIMING AND NUMBER OF THE SECOND BATCH BY TAKING INTO ACCOUNT RESULTS OF THE FIRST BATCH.'

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GOVERNMENT OFFERS CONDOLENCES TO STEPHEN CHEONG'S FAMILY

THE GOVERNOR, THE RT HON CHRISTOPHER PATTEN AND THE CHIEF FAMILY SECRETARY, SIR DAVID FORD, OFFER THEIR DEEP CONDOLENCES TO THE OF MR STEPHEN CHEONG WHO PASSED AWAY IN HOSPITAL THIS (TUESDAY) MORNING.

SPEAKING TO REPORTERS BEFORE THE EXECUTIVE COUNCIL MEETING, MR PATTEN SAID: "I WAS VERY SADDENED TO HEAR THE NEWS THIS MORNING ABOUT REPRESENTATIVES OF THE DEATH OF ONE OF OUR FOREMOST LEGISLATORS AND INDUSTRIES, STEPHEN CHRONG.

"OBVIOUSLY, I AM SURE LIKE THE REST OF THE COMMUNITY I'D LIKE IT'S TO OFFER MY CONDOLENCES AND SYMPATHY TO HIS WHOLE FAMILY.

I HOPE AND EXTRAORDINARILY DISTRESSING TIME FOR THEM BUT OBVIOUSLY THEY WILL BE AT LEAST BUOYED UP TO SOME EXTENT BY THE SYMPATHY OF THE ENTIRE COMMUNITY,"

SIR DAVID ALSO SAID MR CHEONG HAD MADE A TREMENDOUS CONTRIBUTION TO HONG KONG ON VARIOUS FRONTS.

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"IN TERMS OF HIS PUBLIC SERVICE, HIS CONTRIBUTION TO THE LEGISLATIVE COUNCIL FOR 12 YEARS, IN THE FIELD OF EDUCATION

OF THE POLYTECHNIC AND THE THIRD UNIVERSITY CONTRIBUTION TO INDUSTRIES THROUGH THE MANY COMMITTEES HE HAD SERVED ON.

KEEN

SUPPORTER

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BOARDS AND

HE WAS A HIS AND ADVISORY

'HE WILL BE SADLY MISSED. I'D LIKE TO SEND MY DEEP CONDOLENCES TO HIS WIFE AND HIS CHILDREN. HE'S A GREAT LOS8, SIR DAVID SAID.

SENIOR MEMBER OF THE EXECUTIVE COUNCIL, BARONESS DUNN WAS SADDENED BY THE NEWS.

ALSO

"I'VE KNOWN AND WORKED WITH HIM FOR MORE THAN 20 YEARS. HE HAD MADE TREMENDOUS CONTRIBUTION TO HONG KONG," SHE SAID.

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