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Applications invited for mortgage interest subsidy scheme

The Education Department is inviting eligible full-time employees holding subvented posts in aided and per caput grant schools to apply for assistance under the 1994/95 Mortgage Interest Subsidy Scheme (MISS).

A spokesman for the Education Department said today (Sunday) that eligible staff are:

Those receiving a monthly basic salary equivalent to Master Pay Scale point 22 or above ($20,955 or more) and having a minimum of 10 years' continuous recognised service as at October 31, 1994; or

* Those receiving a monthly basic salary below Master Pay Scale point 22 who have a minimum of 20 years' continuous recognised service as at October 31, 1994.

The closing date for submitting applications is January 15, 1995.

"Circulars, application forms and relevant information leaflets have been sent to heads of schools. Under the scheme, successful applicants will receive a monthly subsidy for payment of interest on their home mortgage loan," the spokesman said.

Enquiries about the scheme should be directed to the Mortgage Interest Subsidy Scheme Section on 961 7406, 961 7409 or 961 7412.

end/Sunday, December 4, 1994

Second heritage trail to open

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The Government has plans to open a second heritage trail in the New Territories after the first which opened in Ping Shan a year ago.

Disclosing this today (Sunday) during the unveiling ceremony of an ancient study hall in Kam Tin, Yuen Long, the Commissioner for Recreation and Culture, Mrs Rachel Cartland, said the Government had been striving strenously in the past decades to preserve cultural heritage and promote public awareness of its importance.