TNAG-2858-FCO40-4112-Public-holidays-in-Hong-Kong-1993 — Page 17

CONFIDENTIAL

ECONOMIC IMPLICATIONS

11

機密

23.

The proposals would result in two additional

statutory holidays, although no additional

general

holidays, after 1997. As such, it would give rise to two additional days of

lost production which would have to be

by

employers, thereby leading to increased

paid for

production costs, in cases 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.

would impose additional costs upon those employers who

follow the schedule of general holidays in their employment

practice.

This

PUBLIC CONSULTATION

24.

up

No organisations

have been consulted when drawing

these proposals, but they take cognisance of requests

from different sectors of the community to declare as

holidays International

Buddha Sakyamuni.

Labour Day and the Birthday of the

CONFIDENTIAL

機密