TNAG-1615-FCO40-2223-Executive-Council-of-Hong-Kong-memoranda-and-minutes-of-meet-1989 — Page 48

M(87) 9

(£) that

93

subject

agreement of the

Committee,

down

to

the

Finance

payment

loans should be offered

interest free.

(The Secretary for Housing, Mr J.R. TODD, and the

Director of Housing, Mr Y.L. PANG, attended before the

Council for the discussion of this item.)

A87

PROPOSED DEVELOPMENT OF DD126 LOT 665

TIN SHUI WAI

(LW T/C 4/83 XV)

The Council

XCC(87)33A.

considered

memoranda XCC (87) 33 and

The Council ADVISED and the Acting Governor ORDERED :

(a) that for the time being, the

Government should proceed on

the footing that it intends

to

perform

the

1982

agreement including the

development of Tin Shiu Wai;

(b) that

the

Administration

should come back to the

Council as soon as possible

with advice on

Government's

legal position on this basis;