TNAG-1617-FCO40-2225-Executive-Council-of-Hong-Kong-memoranda-and-minutes-of-meet-1987 — Page 104

XCR (87) 58

Page

6

Publication in the Gazette

First Reading and commencement

of Second Reading debate

Resumption of Second Reading

Conclusion fo Second Reading

debate, committee stage and Third Reading

10 April 1987

6 May 1987

20 May 1987

to be notified

Public reaction

19

Reaction to the proposals made by the Financial Secretary in his Budget Speech has been relatively mild with the increases in the business registration fee, vehicle registration, licence and test fees and visa and travel docment fees generally being regarded as moderate and acceptable. The proposed tax concessions have been welcomed.

Publicity

20

The various proposals have already received full publicity through the Budget Speech. A press release, including the legislative timetable, will be issued at the time of gazettal.

Advice sought

21

Members will be asked to advise whether

(a) the Business Registration (Amendment) Bill 1987,

(b)

the Road Traffic (Driving Licences Regulations and Registration and Licensing of Regulations) (Amendment) Bill 1987,

Vehicles

(c)

the Immigration (Amendment) Bill 1987,

(d) the Inland Revenue (Amendment) Bill 1987, and

(e) the Estate Duty (Amendment) Bill 1987

as annexed, should be introduced into the Legislative Council.

the

(The Deputy Financial Secretary, Mr J.F. YAXLEY, Commissioner of Inland Revenue, Mr A. AU-YEUNG, and the Senior Asistant Law Draftsman, Mr J.D. SCOTT, will attend before the Council for the discussion of this item.)

18 March 1987

(SCR 1/2201/86)

COUNCIL CHAMBER