XN000022-1994-04-20 — Page 23

1.4

WEDNESDAY, APRIL 20, 1994

NOTING

PROPERTIES THAT THERE WAS AN EXTREMELY WIDE RANGE OF

DEMANDS DIFFERENT

AND THE SAID THE GOVERNMENT

ON THE MARKET BY TYPE AND QUALITY TO SITUATION WAS CHANGING ALL THE TIME, MR BASON INTENDED TO EXAMINE THE POSITION IN ALL SECTORS.

"IT IS NOT THEREFORE POSSIBLE TO STATE A AFFORDABILITY TARGET," HE SAID.

SINGLE, SPECIFIC

NOT COMFORTABLE BUT HE POINTED OUT THAT THE GOVERNMENT WAS

OR PRICES,

WITH THE EITHER WITH THE

HIGH LEVEL OF FLAT PRESENT PROSPECT FOR FURTHER MOVEMENTS UPWARD IN THE MARKET.

CONCERN

"CLEARLY, PRICE LEVELS ARE NOW SUCH AS TO BE CAUSING

TO WOULD-BE IN THE GENERAL COMMUNITY AS REGARDS BOTH AFFORDABILITY HOME BUYERS, AND THE EFFECTS ON HONG KONG'S COMPETITIVENESS WHICH THE ADMINISTRATION SHARES," HE SAID.

CONCERN

ANNOUNCED

AND

MR EASON NOTED THAT THE ADMINISTRATION HAD ALREADY THE SETTING UP OF A TASK FORCE TO TACKLE THE ISSUE OF LAND SUPPLY PROPERTY PRICES.

"A PACKAGE OF MEASURES TO ADDRESS THESE ISSUES WILL BE UP WITHIN TWO TO THREE MONTHS, HE SAID.

++

DRAWN

INFORMATION OF BNS APPLICANTS PROTECTED

ON ALL INFORMATION

APPLICANTS

SCHEME (BNS) IS PROTECTED BY LAW AND

FOR THE BRITISH INTERNAL BY STRICT

NATIONALITY PROCEDURES,

THE SECRETARY FOR SECURITY, MR ALISTAIR ASPREY, SAID TODAY WEDNESDAY),

UNDER

(MISCELLANEOUS THE

NATIONALITY BRITISH

THE TO DISCLOSE OFFENCE (AMENDMENT) ORDINANCE, IT IS OF, OR ANY INFORMATION ON, APPLICANTS OF THE SCHEME, HE SAID.

AN

PROVISIONS)

IDENTITY

JAMES TIEN HON

THE IN IN A REPLY

A TO

QUESTION BY THE

BRITISH LEGISLATIVE COUNCIL, MR ASPREY SAID: "AFTER COMPLETION OF THE

APPLICANTS WILL BE ON SUCCESSFUL INFORMATION NATIONALITY SCHEME, TRANSFERRED TO THE BRITISH GOVERNMENT FOR RECORD PURPOSES.

"INFORMATION ON OTHER APPLICANTS WILL BE DESTROYED,

17

HE SAID.

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