3
The proposed founcil will draw up an annual programme
of activities for approval by the Governor. An executive arm
comprising
and professional
administrative staff
under an
le Executive director will be set up to implement the programme.
le
As
the regards
source of
the finance,
proposed
Council will mainly rely on a levy based on employees'
compensation insurance premia, to be paid by employers.
It is our rate will be decided by the Governor in Council. present intention to propose a 1 levy which will yield about
per cenin Council.
The
$7 million
a
year.
The
level
of levy
will
be
reviewed
regularly in
will be
collected
on
behalf
companies
whose
in the light of operational experience.
of the Council by
representatives have been consulted. They
The levy
insurance
will be
entitled
to
a
handling charge
at
a rate
to
be
prescribed by the Financial Secretary.
In cases where an employer has
from been exempted
taking out employees' compensation insurance,
insurance, the Council will
be empowered to assess an appropriate contribution.
Sir, the Government is not required to take out
employees' compensation insurance and is, strictly speaking,
not subject to the levy. Clause 18 therefore provides for the
Government to make
le
an annual contribution to
the Council in
lc.
its capacity as an employer.
The amount will be calculated
according to the size of the Civil Service. For example, the
| Government..
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Private notes are available after approval.