XN000022-1994-10-02 — Page 3

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SUNDAY, OCTOBER 2, 1994

CONSULTATION ON REGULATION OF ESTATE AGENTS TO END SOON

CONSULTATION ON THE RECOMMENDATIONS TO PUT REAL ESTATE AGENTS UNDER A LICENSING FRAMEWORK IS DUE TO END ON OCTOBER 10 (MONDAY).

MEMBERS OF THE PUBLIC WHO WISH TO GIVE THEIR VIEWS ON THE REPORT BY THE WORKING GROUP ON THE REGULATION OF REAL ESTATE AGENTS MAY DO SO BEFORE THE DEADLINE.

A SPOKESMAN FOR THE PLANNING, ENVIRONMENT AND LANDS BRANCH SAID VIEWS EXPRESSED IN SUBMISSIONS TO THE BRANCH AND THROUGH THE MEDIA WERE IN FAVOUR OF THE WORKING GROUP'S RECOMMENDATIONS FOR SETTING UP A STATUTORY AND SELF-FINANCING LICENSING AUTHORITY WITH POWERS TO DETERMINE LICENSING REQUIREMENTS, TO TAKE DISCIPLINARY ACTION AND TO ARBITRATE IN DISPUTES OVER COMMISSIONS AND FEES BETWEEN AN AGENT AND HIS CLIENT.

THE RECOMMENDATIONS WERE DRAWN UP BY THE WORKING GROUP WITH WIDE REPRESENTATION FROM THE TRADE.

THE WORKING GROUP WILL TAKE ACCOUNT OF VIEWS COLLECTED DURING TWO-MONTH CONSULTATION EXERCISE BEFORE FINALISING ITS RECOMMENDATIONS TO THE GOVERNMENT.

THE

REDEVELOPMENT OF ABERDEEN REHABILITATION CENTRE

THE SOCIAL WELFARE DEPARTMENT TODAY (SUNDAY) ANNOUNCED THAT THE SUBVENTIONS AND LOTTERIES FUND ADVISORY COMMITTEE HAD ENDORSED ITS RECOMMENDATIONS FOR A LOTTERIES FUND GRANT OF OVER $332 MILLION TOWARDS THE REDEVELOPMENT OF THE ABERDEEN REHABILITATION CENTRE.

THE PROJECT IS EXPECTED TO COST MORE THAN $500 MILLION ON

COMPLETION.

A SPOKESMAN FOR THE DEPARTMENT SAID IT LOTTERIES FUND GRANT EVER ENDORSED BY THE COMMITTEE.

WAS THE LARGEST

"THE GRANT WOULD NEED TO BE APPROVED BY THE FINANCE COMMITTEE OF LEGISLATIVE COUNCIL LATER IN THE YEAR," HE ADDED.

HE ALSO SAID THE TUNG WAH GROUP OF HOSPITALS, ONE OF THE DEPARTMENT'S SUBVENTED NON-GOVERNMENTAL ORGANISATIONS, HAD BEEN IDENTIFIED TO OPERATE THE NEW PROJECT AND WAS NEGOTIATING WITH THE ROYAL HONG KONG JOCKEY CLUB TO CONTRIBUTE TOWARDS PART OF THE CAPITAL COST OF THE PROJECT.

ON

THE SPOKESMAN SAID GIVEN THE GREAT NEED TO EXPAND REHABILITATION SERVICES TO MEET KEY TARGETS OF THE GREEN PAPER REHABILITATION, THE GOVERNMENT HAD DECIDED TO REDEVELOP THE THE CENTRE AS A LARGE REHABILITATION COMPLEX.

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