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The following is issued on behalf of the Legislative Council Secretariat:
The Legislative Council (LegCo) Finance Committee (FC) will hold three meetings this Friday (October 26) in Conference Room 1 of the LegCo Complex. During the meetings, Members of the FC will examine the government proposals of seeking a supplementary provision of $3,088.9 million in 2012-13 for the introduction of the Old Age Living Allowance (OALA); and increasing the ceiling placed on the total notional annual mid-point salary value of all non-directorate posts in the permanent establishment of the Social Welfare Department in 2012-13 by $23,264,040 to enable the creation of a total of 90 non-directorate civil service posts for implementing the OALA.
On that day, the first LegCo FC meeting will be held at 3.45pm. The second FC meeting will start at 5.55pm if the House Committee (HC) needs not resume its meeting at 5.45pm. If the HC needs to resume its meeting at 5.45pm, the second FC meeting will start immediately after the HC meeting has finished its business. The third FC meeting will start after a 30-minute meal break between the second and third FC meetings.
Ends/Wednesday, October 24, 2012
Issued at HKT 19:23
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