XN000022-1993-07-07 — Page 44

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WEDNESDAY, JULY 7, 1993

THE BILL PROVIDES FOR THE ESTABLISHMENT OF A NEW DRAINAGE AUTHORITY, WHICH WILL BE THE DIRECTOR OF DRAINAGE SERVICES, AND A DRAINAGE APPEAL BOARD (DAB).

THE AUTHORITY MAY PREPARE DRAFT DRAINAGE PLANS FOR THE DESIGNATION OF MAIN WATERCOURSES ON WHICH DRAINAGE WORK MAY BE CARRIED

OUT.

IT IS INTENDED THAT FIVE DRAINAGE PLANS, COVERING ALMOST ALL THE FLOOD-PRONE REGIONS OF THE NORTH AND NORTH-WESTERN NEW TERRITORIES, WILL BE PREPARED OVER THE NEXT FEW YEARS.

THE MAIN FUNCTIONS OF THE DAB, WHICH WILL COMPRISE NON- GOVERNMENT MEMBERS APPOINTED BY THE GOVERNOR, WILL BE TO REVIEW THE AUTHORITY'S DECISIONS ON OBJECTIONS TO DRAFT PLANS AND TO HEAR APPEALS UNDER THE BILL.

APART FROM PROVIDING APPEAL PROCEDURES, PROVISION HAS ALSO BEEN MADE UNDER THE BILL FOR PAYMENT OF COMPENSATION IF DAMAGE IS CAUSED BY THE AUTHORITY WHEN EXECUTING THE WORKS.

DEBATE ON THE BILL WAS ADJOURNED.

0

RESOLUTIONS ON CMB AND CITYBUS FRANCHISE PASSED

THE

RESOLUTIONS

LEGISLATIVE COUNCIL TODAY (WEDNESDAY} PASSED TWO THAT SOUGHT TO DISAPPLY TO THE NEW FRANCHISE FOR CHINA MOTOR BUS COMPANY (CMB) AND CITYBUS LIMITED THOSE SECTIONS OF THE PUBLIC BUS SERVICES ORDINANCE GOVERNING THE PERMITTED RETURN UNDER THE PROFIT CONTROL SCHEME.

K Y

MOVING THE RESOLUTIONS, THE SECRETARY FOR TRANSPORT, MR K YEUNG, SAID THOSE SECTIONS OF THE ORDINANCE WHICH ENABLED THE GOVERNMENT то SPECIFY DEPRECIATION RATES IN RESPECT OF FRANCHISE- RELATED ASSETS AND TO REQUIRE THE COMPANIES TO PRODUCE ACCOUNTS AND OTHER INFORMATION NEEDED FOR THE MONITORING OF THEIR PERFORMANCE RETAINED.

IN

WERE

ON

ENABLED OF ANY AUGUST

ADDITION, IN THE CASE OF CMB, THOSE SECTIONS WHICH THE GOVERNMENT TO PRESCRIBE ARRANGEMENTS FOR THE DISPOSAL BALANCE THAT MAY REMAIN IN CMB'S DEVELOPMENT FUND ACCOUNT 31 THIS YEAR WERE ALSO RETAINED.

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