Sir,
DRAFT
MOTION
by the Honourable J.N. Henderson, OBE, JP
Secretary for Education and Manpower at the Legislative Council on 15th May 1985
.PNEUMOCONIOSIS (COMPENSATION) ORDINANCE
I rise to move the first motion standing in my name on
the Order Paper. The change proposed results from a recommendation
made by the Pneumoconiosis Compensation Fund Board.
The Board administers the Pneumoconiosis Compensation
Fund, which is financed by a levy of 0.2 per cent on the value of
construction works undertaken and of quarry products produced in
Hong Kong. Construction works whose value does not exceed $250,000
are exempt from the levy.
The Board has recently recommended for the approval of
this Council that the limit should be raised from $250,000 to
$1,000,000. The intention is to reduce the considerable time and
effort presently spent in collecting relatively small sums of money.
No comments yet.
Private notes are available after approval.