XN000022-1994-05-26 — Page 11

10

THURSDAY, MAY 26, 1994

TWO LOTS SOLD FOR $2,550 MILLION

*

TWO LOTS OF GOVERNMENT LAND WERE SOLD FOR A TOTAL

AMOUNT

OF

$2,550 MILLION AT THE PUBLIC LAND AUCTION HELD BY THE LANDS DEPARTMENT THIS (THURSDAY) AFTERNOON.

THE FIRST LOT IN AREA 19, LUEN WO HUI, FANLING, WAS BOUGHT

MILLION. BIDDING OPENED DIRECT PROFIT DEVELOPMENT LIMITED AT $2,040 AT $1,800 MILLION.

BY

WITH AN AREA OF ABOUT 20,780 SQUARE METRES, IT IS INTENDED NON-INDUSTRIAL USE EXCLUDING GODOWN.

FOR

THE DEVELOPER HAS TO COMPLETE A GROSS FLOOR AREA OF THAN 64,112 SQUARE METRES BEFORE DECEMBER 31, 1998.

NOT LESS

AN

THE SECOND LOT, SITUATED AT FUNG KAM STREET, YUEN LONG, HAS AREA OF ABOUT 5,889 SQUARE METRES, WAS BOUGHT BY MORICROWN LIMITED FOR IS ALSO $510 MILLION WITH BIDDING OPENING AT $480 MILLION. IT INTENDED FOR NON-INDUSTRIAL USE EXCLUDING GODOWN.

THE DEVELOPER HAS TO COMPLETE A GROSS FLOOR AREA OF THAN 19,000 SQUARE METRES BEFORE JUNE 30, 1998.

NOT

LESS

THE

AUCTION,

HELD

OF THE THE THEATRE IN CONDUCTED BY GOVERNMENT LAND AGENT, MR FRANCIS HAY.

CITY HALL,

WAS

$79.2 MILLION PAID TO TRAFFIC ACCIDENT VICTIMS

THE SOCIAL

**

WELFARE DEPARTMENT

(SWD) PAID OUT SOME $79.2 (TAVA) FUND ΤΟ MILLION FROM THE TRAFFIC ACCIDENT VICTIMS ASSISTANCE TRAFFIC ACCIDENT VICTIMS OR THEIR DEPENDANTS IN 1992/93.

то ACCORDING

REPORT, 5,517 DURING THE PERIOD, WHEN COMPARED WITH 5,604

THE 1992/93 TAVA FUND ANNUAL,

FOR

WERE ASSISTANCE

RECEIVED APPLICATIONS REPRESENTING A DECREASE OF 1.6 PER CENT APPLICATIONS IN 1991/92.

THE TAVA SCHEME, OPERATING SINCE MAY 1979, IS ONE OF THE SOCIAL SECURITY SCHEMES ADMINISTERED BY THE SWD.

PROVIDE "IT AIMS TO

QUICK FINANCIAL ASSISTANCE TO TRAFFIC THE MEANS OF ACCIDENT VICTIMS OR THEIR DEPENDANTS, REGARDLESS OF

ELEMENT OF FAULT IN

A THE FAMILY OR THE

CAUSING THE ACCIDENT.' SPOKESMAN FOR THE SWD SAID TODAY (THURSDAY).

17

CASES OF SERIOUS TRAFFIC

DURING 1992/93, THE SWD HANDLED 49 ACCIDENTS IN WHICH HEAVY CASUALTIES WERE INVOLVED.

THE LARGEST

THE ACCIDENT RESULTING IN OCCURRED ON JANUARY 30 LAST YEAR AT KOWLOON MOTOR BUS OVERTURNED.

NUMBER OF CASUALTIES TUEN MUN ROAD WHEN A BUS OF

/AS A