CONFIDENTIAL
XCX(93)55
case strongly. We would argue that a strict application of the resolution would result in radical changes: most importantly it would mean a dramatic decrease in the number of public holidays in Hong Kong. This would be received badly and would run counter to provisions in the Joint Declaration concerning the continuation of Hong Kong's lifestyle.
FINANCIAL AND STAFFING IMPLICATIONS
24
The recommendations, if accepted, would have no financial or staffing implications.
ECONOMIC IMPLICATIONS
25
The proposal would result in three additional statutory holidays after 1997. As such, it would give rise to three additional days of lost production which would have to be paid for by employers, thereby leading to increased production costs where the employers concerned follow the schedule of statutory holidays rather than that of general holidays in their employment practice. For 1997 specifically, there would be two additional statutory holidays which are also additional general holidays. This would impose additional costs upon all employers.
PUBLIC CONSULTATION
26
No organisations have been consulted when drawing up these proposals, but they take cognisance of requests from different sectors of the community to declare as holidays the International Labour Day and the Birthday of the Buddha Sakyamuni.
PUBLIC REACTION
27
If implemented, the replacement of two holidays deriving from United Kingdom sovereignty by the holidays on 1 July and 1 October would be seen as an inevitable part of the transition. The declaration of 1 May as a holiday from 1998 onwards would be welcomed, particularly by trade unions, although they may still complain that it is not becoming a holiday earlier. There may also be calls for 1 May to be specified as an additional holiday, rather than an exchange for Easter Monday which is totally unrelated to the transfer of sovereignty. It is also likely that
Executive Council
No comments yet.
Private notes are available after approval.