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LegCo Finance Committee to examine the funding proposals for introducing the Old Age Living Allowance tomorrow
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The following is issued on behalf of the Legislative Council Secretariat:

     The Legislative Council (LegCo) Finance Committee (FC) will hold two meetings tomorrow (October 30) 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.

     The first FC meeting will be held from 6.45pm to 8.45pm while the second FC meeting will be held from 9pm to 11pm.

     In arriving at the decision, the Chairman of FC has taken into account members' views on the above meeting arrangements, the request and the explanation given by the Administration for the Chairman to dispense with the five clear-day notice requirement under Rule 40 of the Rules of Procedure for resuming the discussion on the OALA proposal, and the fact that two public hearings had been held for receiving public views by the Panel on Welfare Services on the OALA proposal.

Ends/Monday, October 29, 2012
Issued at HKT 18:30

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