A 15/16-6
Subsidiary Legislation / Instruments | L.N. No. | |
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1. | Legislative Council Ordinance (Amendment of Schedule 5) Order 2015 | 225/2015 |
2. | Maximum Amount of Election Expenses (Legislative Council Election) (Amendment) Regulation 2015 | 226/2015 |
1. | No. 26 | - | The Legislative Council Commission
Annual Report 2014-2015 |
(to be presented by the President of the Legislative Council)
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2. | No. 27 | - | Report of the Director of Audit
on the Accounts of the Government of the Hong Kong Special Administrative Region for the year ended 31 March 2015 |
(to be presented by the President of the Legislative Council)
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3. | No. 28 | - | Report No. 65 of the Director of Audit
on the results of value for money audits - October 2015 |
(to be presented by the President of the Legislative Council)
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4. | No. 29 | - | Accounts of the Government of the Hong Kong Special Administrative Region for the year ended 31 March 2015 |
(to be presented by Secretary for Financial Services and the Treasury)
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5. | Report No. 4/15-16 of the House Committee on Consideration of Subsidiary Legislation and Other Instruments | ||
(to be presented by Hon Andrew LEUNG, Chairman of the House Committee) |
(1) | of the estimated current number of New Territories indigenous villagers eligible for applying for building small houses, and the area of government lands reserved for building small houses;
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(2) | whether it has drawn up any plan to cope with the situation where there are not enough government lands for building small houses; if it has, of the details; if not, the reasons for that; and
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(3) | whether it has plans to formulate policies and measures to reduce the area and proportion of lands planned for building small houses, so as to release more land for developing public and private housing; if it does, of the details; if not, the reasons for that? |
(1) | it has assessed if the implementation of the two-child policy will trigger a new wave of mainland pregnant women coming to Hong Kong to give birth; if it has assessed and the outcome is in the affirmative, of the authorities' corresponding measures;
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(2) | it has assessed the specific impacts of the two-child policy, upon implementation, on the supply of and demand for powdered formula and other products for infants and young children, as well as on the demand for public and private healthcare services, education, housing, etc. in Hong Kong; if it has assessed, of the details; whether the authorities will discuss with the mainland authorities the ways to minimize the impacts of the policy on Hong Kong; and
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(3) | it will conduct a study to identify the benefits to and business opportunities for Hong Kong which will be brought about by the implementation of the two-child policy, such as whether it will give a boost to the development of the education and medical services industries, promote the growth in the retail industry and slow down the pace of population ageing; whether the authorities will join hands with the business sector to consider formulating relevant policies and measures promptly, so as to take advantage of such opportunities? |
(1) | given that the Government granted at the end of September this year a provision of $10 million to the Hong Kong Tourism Board ("HKTB") for launching a one-off matching fund for overseas tourism promotion under which tourist attractions could apply for funding to conduct overseas promotion work in collaboration with sectors such as tourism, retail, hotels, etc. in the coming months till March next year, and HKTB has approved the applications from 10 tourist attractions involving 69 recommended promotion projects, whether the Government knows the relevant details, and how HKTB will assess the effectiveness of the promotion work supported by the matching fund, and whether HKTB will advise successful applicants on ways to optimize the use of funding under the scheme so as to enhance the quality and effectiveness of their promotion projects; if HKTB will, of the details; if not, the reasons for that; and
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(2) | given that Hong Kong lacks new tourist attractions while faces acute competition from neighbouring Asian countries such as Singapore, Thailand, Indonesia, which have broadcast in recent years enchanting promotional video footages in overseas markets to attract tourists, whether the Government will liaise with HKTB about the production of more appealing promotional video footages on Hong Kong to be broadcast on overseas media so as to enhance the competitiveness of Hong Kong's tourism industry; if it will, of the details; if not, the reasons for that? |
(1) | whether it has assessed the effectiveness of the various policies implemented by the authorities in the past five years to improve roadside air quality; if it has, of the outcome; whether it has studied the causes for the levels of roadside nitrogen dioxide going up instead of going down in recent years; whether it has identified the type of roadside air pollutants for which immediate improvement measures are most required, and whether it has explored new measures to reduce the levels of various types of roadside air pollutants;
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(2) | as it has been reported that the first super atmospheric automatic monitoring station on the Mainland, which will soon be completed in Changchun, can automatically analyze whether the ambient pollutants come from coal combustion, tail pipe emissions of motor vehicles or fugitive dust and hence can greatly help the authorities take corresponding measures, whether the Government will conduct studies on the introduction of such kind of system for real-time monitoring of the sources of various types of air pollutants, particularly the level of fine suspended particulates ("PM2.5") which may be harmful to the respiratory and cardiovascular systems; if it will, of the details; if not, the reasons for that; and
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(3) | given that the authorities introduced last year a set of new Air Quality Objectives ("new AQOs") which are more stringent than the previous ones, but the new AQOs will be broadly attained only by 2020, and they are less stringent than WHO's air quality guidelines (e.g. the 24-hour average concentration limit for PM2.5 under the new AQOs is 75 μg/m3, which is three times of that under the WHO guidelines, and the new AQOs allow nine exceedances per year, which are six more than those allowed under the WHO guidelines), whether the Government will expeditiously revise the new AQOs to align them with the WHO guidelines and formulate more ambitious air quality improvement measures, with a view to attaining such objectives as soon as possible; if it will, of the details; if not, the reasons for that? |
(1) | whether it has assessed if the establishment of a universal retirement protection scheme will be more effective in resolving the problem of elderly poverty than the implementation of means-tested poverty alleviation measures; if it has assessed, of the details; if not, the reasons for that;
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(2) | of the approach to be adopted for conducting the aforesaid public consultation; the specific details of the various retirement protection options to be included in the consultation paper and whether universal retirement protection options will be included in such options; if such options will be included, of the timetable for implementing the relevant options; if not, the reasons for that; and
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(3) | given that while the Research Report on Future Development of Retirement Protection in Hong Kong was published by a team led by Professor Nelson Chow way back in August last year which put forward universal retirement protection options, but the Government has not implemented any of such options so far, whether the Government will shoulder the financial and political responsibilities arising from the delay in implementing a universal retirement protection option; if it will not, of the reasons for that? |
(1) | given that the secretariat service provided by the Department of Health to MCHK incurs a public expenditure of approximately $25 million each year, and yet MCHK's efficiency in handling complaints has repeatedly been criticized by various sectors, and the aforesaid judgment criticized that it was both excessive and unreasonable for the Preliminary Investigation Committee of MCHK to take two years to handle the complaint concerned, how the Government supervises and assesses the work performance of the MCHK Secretariat; whether the Government will make reference to the aforesaid judgment and conduct a comprehensive review of the staff establishment, the complaint-handling procedures and the work efficiency of the MCHK Secretariat to ensure the proper use of public money;
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(2) | as the aforesaid judgment has pointed out that MCHK has not formulated general guidelines on the topic of conflict of interests of its members and on the declaration of interests in relation to a complaint, and that MCHK should address this matter immediately, whether the authorities will make reference to the judgment and examine amending the Medical Registration Ordinance, including increasing the proportion of lay members of MCHK and improving the mechanism for declaration of interests by MCHK members, so as to forestall the public perception of "doctors harbouring each other" in the handling of complaints by MCHK; and
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(3) | given that in the five-year period from 2009 to 2013, MCHK received on average 470 complaints a year against registered medical practitioners, of which only about 60 cases involved medical practitioners employed by the Hospital Authority and, in other words, complaints involving private medical practitioners accounted for 87% of the total number of complaints, whether the authorities will step up efforts in regulating private medical practitioners with a view to preserving public confidence in the medical profession? |
(1) | whether the setting up (including the locations) of mini-storages is subject to the regulation of any existing legislation;
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(2) | whether it knows the current total number of mini-storages in Hong Kong as well as their geographical distribution;
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(3) | how the Government prevents such storages from being used for storing dangerous, inflammable or prohibited articles; and
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(4) | of the means through which the Government knows at present whether dangerous/inflammable articles are being stored in mini-storages and the types of such articles, so that appropriate fire-fighting methods can be adopted in case of fire in such mini-storages? |
(1) | whether it has concrete measures in place to enhance the labour productivity in Hong Kong; if it does, of the contents of the measures (including the industries involved and the effectiveness expected); if not, whether it will expeditiously formulate such measures; and
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(2) | whether it has compiled statistics on the total factor productivity in Hong Kong; if it has, of the statistics compiled in the past 10 years; if not, whether it will consider compiling such statistics? |
(1) | whether, in the past three years, it conducted any comprehensive study on whether primary school students have been given homework of an appropriate amount and level of difficulty, and assessed the impacts on primary school students' psychological and physical health caused by the pressure generated by the requirement to complete all the homework; whether it has assessed if the situation of giving considerable and difficult homework to students is contrary to the authorities' objectives for implementing the education reform; if it conducted such a study and made such an assessment, of the details; if not, the reasons for that;
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(2) | given that in the updated Guidelines on Homework and Tests in Schools issued by EDB to schools in October this year, there is a guideline stating that schools should try to arrange time within lessons as far as possible for students to complete part of their homework under teachers' guidance, whether EDB has conducted any extensive survey of the primary schools across the territory in respect of the implementation of this guideline; if EDB has, of the details (including the number of schools which have implemented that guideline); if not, whether EDB will conduct such a survey; and
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(3) | whether it will, in the light of the outcome of the aforesaid surveys, state afresh in the relevant guidelines the upper limits on daily homework, e.g. the time for lower primary students to complete all their homework (including homework in formats such as written work, online exercise, oral practice, etc.) should not exceed 30 minutes a day, and that for upper primary students should not exceed 60 minutes; if it will, of the implementation timetable; if not, what measures the authorities will take to alleviate the pressure of homework on primary school students and their parents? |
(1) | whether there is any existing legislation regulating the safety and use of kettles; which government department(s) is/are responsible for the relevant regulatory work;
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(2) | given that several drinking water samples taken from the kettles of kindergartens were found to have excessive lead content, whether the authorities will require kindergartens to replace those kettles which have not obtained international certification on safety compliance; if they will, of the details; if not, the reasons for that; and
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(3) | given that when kettles are not in use at night, lead released from the lead-containing components of kettles may accumulate in the water stored therein, and hence the authorities have advised users to first drain the water stored in the kettles before using them every morning, fill them with fresh supply of water and heat it before drinking, whether the authorities have assessed the number of users who will follow such a recommendation; if they have assessed and the outcome is that only a small number of people will do so, whether the authorities will put forward other safety recommendations that are more practicable; if they will, of the details? |
(1) | in each of the past five years, the number of companies listed on GEM (i) by way of placement of securities, and among such companies, (ii) the number of those whose share prices rose by 100% or more in comparison with their issue prices within the first two weeks after listing (set out in the table below);
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(2) | the number of companies listed on GEM whose major shareholders reduced their shareholdings, in each of the past five years, within the first six months after the listing of their companies, as well as the average percentage of their reduced shareholdings;
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(3) | how SFC currently follows up the situation in which the share prices of the companies listed on GEM are abnormally volatile, and whether SFC found irregularities (such as manipulation of stock prices) in the past three years;
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(4) | whether the Stock Exchange of Hong Kong Limited ("SEHK") is currently reviewing the arrangements concerning the listing of companies on GEM by way of placement of securities; if so, of the direction of the review, and whether SEHK has drawn up a timetable for implementing the various recommendations to be put forward in the review report; and
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(5) | whether SEHK has plans to conduct a comprehensive reform of GEM's existing modus operandi, so that emerging enterprises with genuine interests in business development can raise funds by way of listing on GEM; if SEHK does, of the details? |
(1) | whether it knows, in respect of the fleet of each franchised bus company, (i) the current average age of the buses and (ii) the respective numbers of buses aged 10 years or below and those aged above 10 years;
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(2) | whether it knows the reasons for some buses running upslope at a speed of less than 20 km/h only; whether it has assessed if the horsepower of these buses meets the relevant requirements; if it has assessed and the outcome is in the affirmative, of the reasons for the authorities to allow these buses to run upslope at a low speed; if the assessment outcome is in the negative, the reasons for the authorities to allow these buses to run on roads; and
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(3) | whether it will adopt measures to urge franchised bus companies to introduce buses of greater horsepower for plying routes with more upslope and downslope road sections, so as to shorten the bus journey time and enhance the protection of the safety of bus passengers; if it will, of the details; if not, the reasons for that? |
(1) | in each of the past three years, of (i) the number of reports of thefts on board aircraft and the total amount of money involved, (ii) the number of persons arrested on suspicion of stealing on board aircraft, with a breakdown by their country/place of origin, and (iii) the penalties generally imposed on the persons convicted of theft on board aircraft;
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(2) | whether it has studied the reasons for the significant increase in the number of thefts on board aircraft in recent years, and the related modus operandi of the offenders; if it has, of the details; and
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(3) | whether it has assessed if the number of thefts on board aircraft will continue to rise along with the development of the aviation industry; if it has assessed and the outcome is in the affirmative, of the authorities' counter measures in place; whether it will review (i) the effectiveness of the current publicity and educational efforts on prevention of such crimes, and (ii) whether the current manpower resources are sufficient for combating such crimes; whether it will consider amending the legislation to increase the relevant penalties? |
(1) | whether it reviewed the effectiveness of TSA in the past three years; if it did, of the details; if not, the reasons for that;
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(2) | whether it reviewed, in the past three years, what problems had arisen in the course of implementation of TSA; if it did, of the details, as well as the number of such reviews conducted;
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(3) | of the numbers of public hearings and seminars organized by the authorities in the past three years to gauge stakeholders' views on TSA, as well as the respective numbers of attendees who were parents, teachers, school principals, students and representatives of school sponsoring bodies;
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(4) | whether it held discussions with individual schools or their sponsoring bodies on the TSA data of the schools in the past three years; if it did, of the objectives of such discussions, and whether it made requests or suggestions to the relevant schools on improving their performance in TSA; if it did, of the details (including the number of schools involved); if not, the reasons for that;
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(5) | whether it has forwarded the TSA data of schools to external reviewers for reference; if it has, of the details, and whether it has assessed if such a practice will affect the independence, fairness, and impartiality of external reviewers in conducting their reviews;
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(6) | whether it has examined if the TSA questions, set by the Hong Kong Examinations and Assessment Authority in the past 10 years, were increasingly difficult; if it has, of the details; if not, the reasons for that;
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(7) | whether it has assessed if the existing TSA questions are overly difficult and the relevant assessment items too complicated and tricky, rendering students unable to answer them; if it has, of the details; if not, the reasons for that;
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(8) | whether it has invited independent professionals to conduct analyses and comparisons of the TSA questions used in the past years; if it has, of the details; if not, the reasons for that;
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(9) | of the other uses of the TSA data by EDB, in addition to the provision of such data to schools for enhancing learning and teaching;
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(10) | whether it has used the TSA data as indicators to judge schools' competence in and quality of education provision; if it has, of the details; if not, the reasons for that;
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(11) | whether it will conduct a consolidated analysis of the TSA data together with the academic standards achieved by students when they were admitted to the schools, so as to assess the schools' competence in and quality of education provision in a more accurate manner; if it will, of the details; if not, the reasons for that;
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(12) | whether EDB has ensured that the TSA data of individual schools are kept in strict confidence; if EDB has, of the details; if not, the reasons for that;
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(13) | whether EDB has issued internal guidelines to specify the time limit for keeping the TSA data confidential and that the data are not meant for other uses (such as being used as the basis for school quality assessment, closure of schools, etc.); if EDB has, of the details; if not, the reasons for that;
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(14) | whether it will ensure that the right to use the TSA data be surrendered to schools and that the data will only be used by schools as reference to help improve teaching and learning; if it will, of the details; if not, the reasons for that;
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(15) | whether it will ensure that the various units under EDB will not use the TSA data (i) to assess the performance of schools, and (ii) as grounds for directing schools or their sponsoring bodies to implement reforms; if it will, of the details; if not, the reasons for that;
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(16) | whether EDB will change TSA into internal assessments conducted by schools and take samples from such assessments to conduct a territory-wide comparison, so as to provide reference benchmark for schools; if EDB will, of the details; if not, the reasons for that;
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(17) | of EDB's justifications for not considering the abolition of the Primary 3 TSA for the time being;
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(18) | whether it will consider combining the Primary 6 TSA with the Pre-Secondary One Hong Kong Attainment Test, or abolishing either one of those public examinations; if it will, of the details; if not, the reasons for that;
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(19) | whether it will consider the suggestion of holding the Primary 3 TSA in alternate years; if it will, of the details; if not, the reasons for that;
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(20) | whether it will consider inviting more stakeholders to join the aforesaid Coordinating Committee to help enhance the Committee's recognition; if it will, of the details; if not, the reasons for that;
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(21) | whether it has made reference to and comparison with overseas assessment systems; if it has, of the details; if not, the reasons for that;
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(22) | given that the Secretary for Education is unable to attend the public hearing on TSA to be held by the Panel on Education of this Council scheduled for the 29th of this month due to personal reasons, whether the Secretary will change his itinerary so as to attend the public hearing and to listen to stakeholders' views directly; if he will not, of the reasons for that; and
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(23) | whether the Secretary for Education will attend another public hearing to be held by the Panel on Education of this Council scheduled for the 5th and 6th of next month; if he will not, of the reasons for that? |
(1) | of the specific location, size and current land use of each enclave, and set out the information by District Council district;
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(2) | whether the authorities received any application for altering the planned uses of enclaves in the past five years; if they did, of (i) the number of applications approved by the authorities, (ii) the locations of the sites involved in the approved applications, together with their original and altered planned uses, and (iii) the number of approved applications for rezoning for residential use;
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(3) | whether it has regularly assessed the ecological value of the various enclaves; if it has, of the details (including the assessment criteria adopted); if not, the reasons for that;
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(4) | of the number of inspections carried out and the number of prosecutions instituted by the authorities in each of the past five years to combat works or developments carried out in enclaves and Green Belt sites that violated their permitted land uses;
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(5) | whether it is an existing practice of the authorities to designate the enclaves, Green Belt sites and lands within the country parks near the sites for sale as "designated areas" in the Conditions of Sale and stipulate therein that works may be carried out by lessees in the designated areas; if so, of the specific approach and the criteria for determining the size of the "designated areas"; and
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(6) | given that the authorities have indicated that they adopt certain criteria (including conservation value, landscape and aesthetic value, recreation potential, size, proximity to existing country parks, land status and land use) in assessing whether the enclaves should be incorporated into country parks, of the quantitative indicators of such criteria; the measures to be taken by the authorities to ensure that the ecology around the enclaves will not be ruined by the development projects carried out in the vicinity? |
(1) | whether it has plans to set up a memorial hall of the War of Resistance against Japanese Aggression in Hong Kong; if it does, of the details; if not, the reasons for that;
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(2) | whether it has plans to regularize the various commemorative activities organized this year; if it does, of the details; if not, the reasons for that; and
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(3) | given that some family members of those guerrillas and martyrs who had participated in the War of Resistance against Japanese Aggression in Hong Kong have compiled and published the relevant deeds, whether the authorities have plans to take the initiative to contact them, so as to collect and preserve more information about this episode in history, with a view to enabling such historical records to pass down the generations; if they do not have such plans, of the reasons for that? |
(1) | whether it has assessed the effectiveness of the aforesaid two subsidy schemes and conducted studies on boosting the rate of elderly persons receiving pneumococcal vaccination; if it has, of the details; if not, the reasons for that;
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(2) | of the number of the elderly persons who have received the vaccination under the aforesaid one-off measure so far and its percentage in the elderly population; and
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(3) | whether it will consider implementing pneumococcal vaccination programme for elderly persons on a long-term basis; if it will, of the details; if not, the reasons for that? |
(1) | in each of the past 10 years, (i) of the respective numbers of non-profit-making organizations which provided child care and after-school care services, and (ii) the number of places, the number of applicants, the queuing time and the fees charged for each of the services (with a breakdown of (i) and (ii) by District Council district);
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(2) | in each of the past 10 years, (i) of the number of schools which provided after-school care services, and (ii) the number of places, the number of applicants, the queuing time and the fees charged for the services (set out the names of schools as well as a breakdown of (i) and (ii) by District Council district);
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(3) | given that subsidized child care and after-school care services are available for application only by recipient families under the Comprehensive Social Security Assistance Scheme and families receiving full rate grant or half rate grant under the School Textbook Assistance Scheme, whether the authorities will consider relaxing the eligibility criteria to include new arrival families, single-parent families and low-income families; if they will, of the details; if not, the reasons for that;
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(4) | given that quite a number of dual-income parents cannot pick up their children after school every day because of work, whether the authorities will consider improving the existing after-school care services provided in schools, including extending their service hours to cater for the needs of dual-income parents; if they will, of the details; if not, the reasons for that;
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(5) | given that in the past 10 years, the Social Welfare Department did not operate any child care centres in new towns such as Ma On Shan, Tseung Kwan O, Tin Shui Wai and Tung Chung, resulting in a prolonged lack of such services for young couples living in those new towns, whether the authorities will consider including child care centres as necessary infrastructure when planning new towns in future; if they will, of the details; if not, the reasons for that;
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(6) | given that the fee levels and quality of child care and after-school care services provided by private organizations vary greatly, whether the authorities will step up the regulation of such services; if they will, of the details; if not, the reasons for that; and
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(7) | as there are comments that while the Labour and Welfare Bureau is currently responsible for formulating policies relating to child care services, the day-to-day regulation is under the purview of the Social Welfare Department and the Education Bureau respectively, coupled with the lack of co-ordination among those policy bureaux and government department, and the effectiveness of such services has been affected as a result, of the authorities' improvement measures to rationalize the situation? |
(1) | of the minimum standard set by the authorities on the water pressure of fresh water supplied to public housing flats; the number of public housing flats across the territory in which the fresh water pressure did not meet that standard in the past three years (with a breakdown by housing estate);
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(2) | of the number of complaints received in the past three years by the authorities from public housing tenants that the fresh water pressure in their flats was too low; the approaches adopted by the authorities for handling such complaints; the number and percentage of cases in which fresh water pressure in those flats met the minimum standard after the complaints had been handled;
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(3) | whether the authorities adopted in the past three years measures to improve the situation in which the overall fresh water pressure in public housing estates was too low; if they did, of the details; and
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(4) | whether it has formulated plans to check if the fresh water pressure in public housing estates across the territory meets the minimum standard and to carry out improvement works for those estates with fresh water pressure not meeting the standard; if it has, of the details (including the timetable); if not, the reasons for that? |
(1) | of the number of large-scale drainage improvement works commenced in the past five years, and set out in a table the names, expenditures, contents and anticipated completion dates of the various projects;
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(2) | whether it has set safety levels for the various nullahs across the territory according to their drainage capacities; if it has, of the details;
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(3) | of the average monthly displacement of the various nullahs across the territory, as well as the months with the highest and lowest displacement in each of the past five years;
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(4) | of the factors and conditions based on which the authorities decide whether or not to carry out revitalization works;
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(5) | whether it will make reference to overseas experience in revitalizing nullahs and river channels, including the construction methods and the arrangements for post-revitalization management; of the examples of the overseas experience introduced by the authorities into the various completed and ongoing large-scale drainage improvement works, and set out the information by project name in a table;
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(6) | of the current numbers of completed and ongoing large-scale drainage improvement works which have incorporated, or have planned to incorporate, water-friendly activities, and set out the information by project name; the management models for various types of water-friendly activities;
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(7) | of the work progress of the aforesaid consultancy study;
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(8) | whether it has drawn up a priority list for various revitalization works; if it has, of the details; of the number of revitalization works to be commenced in the next five years, and set out in a table the names, contents and anticipated commencement dates of the various projects; and
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(9) | as Tai Wai Nullah is the upstream channelized section of Shing Mun River, and a number of residential areas are located on both sides of the river, whether the authorities will consider according priority to the revitalization work of this nullah, so as to enable residents living nearby to experience the pleasure of water-friendly activities; if they will, of the details; if not, the reasons for that? |
(1) | whether the Government will consider providing private parking spaces in comprehensive parking facilities built by the Government or public organizations (e.g. the Hong Kong Housing Society and the Urban Renewal Authority) in districts where there are relatively more small scale redevelopment projects, for purchase by developers of redevelopment projects in the districts, so that those projects do not have to provide for parking facitlities; if it will, of the details; if not, the reasons for that; and
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(2) | whether it reviewed the standards on parking provision set out in the Hong Kong Planning Standards and Guidelines in the past three years; whether it has plans to lower the relevant standards applicable to redevelopment projects; if it does, of the details; if not, the reasons for that? |
(1) | whether it knows the total amount of contributions made to the MPF schemes, the fund investment performance, the average rate of investment returns, the total amount of fees charged and the average percentage of such fees in the total amount of contributions, since January this year;
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(2) | given that the share price of Standard Chartered Bank, one of the note-issuing banks of Hong Kong, has recently fallen by nearly two-thirds as compared to the level in 2010, causing losses to the long-term investment of national sovereign wealth funds like Temasek, and that EF which has engaged many investment experts has also failed to withstand fluctuations in the investment market, whether the Government has reviewed if the following practice is still appropriate: mandating employees to make contributions to the MPF schemes and transferring their contributions to fund managers for investment in the hope that the returns can provide retirement protection for the employees; if it has, of the details; if not, whether it will conduct such a review expeditiously;
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(3) | given that some members of the public have all along criticized that fund managers charge excessively high fees which have gnawed the investment returns of the MPF schemes, whether the Government will conduct studies on allowing employees to make their own investment arrangements for their contributions, such as employees using their contributions to subscribe directly for passively managed funds which charge lower administration fees (such as the Tracker Fund of Hong Kong), so that they are not required to pay the fees of funds under the MPF schemes;
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(4) | as some members of the public have queried that the Government's purpose of implementing the MPF schemes is to protect the income of fund managers but not to provide retirement protection for employees, how the Government removes such a perception among members of the public, so that they are willing to make contributions on a long-term basis; and
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(5) | given that the Commission on Poverty will launch a six-month public consultation on retirement protection in December this year and will, at that time, also consult the public on the arrangement under which an employer may use the accrued benefits derived from the contributions he made for an employee to an MPF scheme to offset the severance payment or long service payment payable to the employee under the Employment Ordinance (Cap. 57) (commonly known as "the offsetting arrangement"), whether the Government will consider including in the scope of consultation the proposal of completely abolishing the MPF schemes to enable members of the public to make their own saving and investment arrangements for retirement? |