XN000022-1994-10-11 — Page 7

6

TUESDAY, OCTOBER 11, 1994

YEAR, THE

PARTICIPATION TERRITORY-WIDE

ARMED WITH THE ADDITIONAL RESOURCES FOR THE COMING CPCE WILL BE ABLE TO INCREASE FUNDING FOR ITS COMMUNITY

MORE ORGANISE SCHEME, STEP UP MEDIA PUBLICITY AND PROJECTS.

15

THIS

FROM

MR SUEN ALSO ANNOUNCED THAT WITH EFFECT FROM OCTOBER YEAR, THE CITY AND NEW TERRITORIES ADMINISTRATION WILL TAKE OVER

DEPARTMENT TERRITORY THE

DEVELOPMENT PLANNING AND IMPLEMENTATION OF THE RURAL STRATEGY (RPIS).

THE RESPONSIBILITY FOR THE PLANNING AND IMPROVEMENT

WERE AIMED TO

HE EXPLAINED THAT THESE MINOR WORKS PROJECTS IMPROVE THE ENVIRONMENT OF THE RURAL RESIDENTS IN THE NEW TERRITORIES AND OUTSIDE THE NEW TOWNS. EXAMPLES ARE IMPROVEMENT, RECONSTRUCTION

MINOR DRAINAGE EXTENSION OF VILLAGE ACCESS ROADS, RIVER DESILTING, IMPROVEMENT WORKS AND PROVISION OF SEWERS AND SEWAGE FACILITIES.

"THROUGH OUR CLOSE CONTACTS WITH THE NEW TERRITORIES BOARDS AND THE HEUNG YEE KUK, WE CAN WORK MORE CLOSELY WITH RESOLVE MOST OF THE IMPLEMENTATION PROBLEMS.

"THESE

DISTRICT THEM ΤΟ

LAND,

INCLUDE LENGTHY NEGOTIATIONS REQUIRED TO ACQUIRE TO RESOLVE LOCAL OBJECTIONS AND TO MEET SPECIAL REQUESTS MADE BY LOCAL INHABITANTS AFFECTED BY THE WORKS.

"REPRESENTATIVES OF THE NEW TERRITORIES DISTRICT BOARDS AND THE GROUP MEETINGS ATTEND STEERING HEUNG YEE KUK WILL BE INVITED TO CHAIRED BY ME TO OVERSEE THE PROGRESS OF RPIS,

"

HE SAID.

ON ADMINISTRATIVE SUPPORT, MR SUEN SAID A DEDICATED BEEN SET UP TO DO THE NECESSARY WORKS.

PROJECTS

TEAM HAD

IMPLEMENT RPIS

FOR EARMARKED

THE THE CURRENT

"FURTHERMORE, ADEQUATE FUNDS ARE AVAILABLE TO MINOR WORKS

OUT OF THE $1.6 BILLION PROGRAMME, ONLY $539 MILLION HAVE BEEN ALLOCATED UP TO FINANCIAL YEAR," HE SAID.

0

INVESTIGATORY ASSISTANCE TO OVERSEAS REGULATORS

AND

LEGISLATION то THE GOVERNMENT HAS PROPOSED TO AMEND EXISTING

ΤΟ PROVIDE (SFC) FUTURES COMMISSION SECURITIES ENABLE THE RECIPROCAL INVESTIGATORY ASSISTANCE TO OVERSEAS REGULATORS AND COMPANY INSPECTORS.

AND SECURITIES

FUTURES THE PROPOSALS ARE CONTAINED IN THE

EXCHANGE COMMISSION (AMENDMENT) BILL 1994 AND THE LEVERAGED FOREIGN

BE

INTO INTRODUCED BILL 1994 WHICH WILL TRADING (AMENDMENT} LEGISLATIVE COUNCIL ON OCTOBER 26.

THE

THE

SAID

THE SECRETARY FOR FINANCIAL SERVICES, MR MICHAEL CARTLAND,

IN INCLUDED OF THE ITEMS

LEGISLATIVE THIS EXERCISE WAS ONE PROGRAMME WHICH FORMED PART OF THE GOVERNOR'S POLICY ADDRESS DELIVERED LAST WEEK.

/AT PRESENT,