TNAG-1442-FCO40-1926-Constitutional-development-in-Hong-Kong-1986 — Page 115

On

Below $ 4,300 p.■.

this basis, the level of the monthly stipend should be increased to $9,038.05, say $9,000.

Financial implications

12

The approved provision for payment of stipend and reimbursement of expenses in 1986-87 is $9,686,000. This amount comprises $4,692,000 for the former and $4,994,000 for The proposed increases will give rise to additional annual commitments of $276,000 and $392,000, respectively.

the latter.

Public reaction

13

The media have

have recently shown some interest in the Luminent review of VELCO allowances. The basis for the stipend is not public knowledge and has been of particular interest. It is not anticipated that the proposed increases in allowances will

will evoke adverse reaction from the general public.

Publicity

24

A low-key press release will be issued.

CONFIDENTIAL

HKK O!!!! RECEIVED

INDES

26 SEP 1986

PA

TRY

TADB 2019.