Government gazettes regulations on reduction of water and sewage charges for non-domestic accounts
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"The measures are to extend the 75 per cent reduction of the water and sewage charges for non-domestic accounts for eight months from April 1, 2021, to November 30, 2021, subject to a monthly cap of $20,000 and $12,500 respectively for each meter covered by a water bill. After publication in the Gazette, the regulations will be tabled at the next sitting of the Legislative Council for negative vetting," a Government spokesman said.
The estimated government revenue foregone for extending the reduction of water and sewage charges for non-domestic accounts is about $440 million and $240 million respectively.
Ends/Friday, March 19, 2021
Issued at HKT 11:00
Issued at HKT 11:00
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