TNAG-1856-FCO40-2631-Legislative-Council-of-Hong-Kong-memoranda-and-minutes-of-me-1989 — Page 32

HONG KONG LEGISLATIVE COUNCIL

5 July 1989

香港立法局

一九八九年七月五日

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grouped into one cost centre. The aggregate value of these fees will approximately cover the total cost of this cost centre.

Sir, I move that the debate on this motion be now adjourned.

Question on the adjournment proposed, put and agreed to.

HONG KONG INDUSTRIAL (AMENDMENT) BILL 1989

ESTATES

CORPORATION

THE FINANCIAL SECRETARY moved the Second Reading of: "A Bill to amend the Hong Kong Industrial Estates Corporation Ordinance."

He said: Sir, I move that the Hong Kong Industrial Estates Corporation (Amendment) Bill 1989 be read the Second time.

The Hong Kong Industrial Estates Corporation was established by statute in 1977. Section 7 of the Ordinance provides for the appointment of a chairman, a chief executive and seven members to the board of the corporation. Not more than four of the seven members should be public officers. At present, the seven members comprise three public officers and four others.

Since 1985, the Director of Industry has been the chief executive. As a result of a recent review of the management structure of the corporation, it has been decided that the general manager of the corporation should take up the role of chief executive, and that the Director of Industry should cease to be the chief executive from 1 July 1989. However, it is considered essential that the director should continue to serve on the board in order to provide input to the work of the corporation. It is also considered the board would benefit from the addition of a further member.

In order to allow the board to appoint the Director of Industry as a member and also to appoint another member from outside the Civil Service, it is proposed the number of members should be increased from seven to nine, excluding the chairman and the chief executive. In addition, the Bill also proposes some minor changes to the Ordinance in order to simplify the administrative procedures in carrying out selected functions of the corporation.

Sir, I move that the debate on this motion be adjourned.

Question on the adjournment proposed, put and agreed to.