AGENDA FOR FINANCE COMMITTEE MEETING
TO BE HELD ON FRIDAY, 20 MARCH 2020,

(a)FROM 8:45 AM to 10:45 AM; and

(b)FROM 3:15 PM TO 7:00 PM

Pecuniary interest : Please refer to Rules 83A and 84 of the Rules of Procedure of the Legislative Council for rules regarding pecuniary interest to be disclosed and voting in case of direct pecuniary interest.

Item No.Subject
1.FCR(2019-20)7*Legend symbol denoting Items carried over from the 2018-19 LegCo Session and the meeting held on 13 March 2020. RECOMMENDATION OF THE ESTABLISHMENT SUBCOMMITTEE MADE ON 22 MARCH 2019

(EC(2018-19)26#Legend symbol denoting Items requested by members for discussion and separate voting by the Finance Committee. – Creation of one permanent post of Principal Government Engineer (D3) and making permanent of one Government Engineer (D2) supernumerary post in the Works Branch of the Development Bureau to lead the new Project Strategy and Governance Office for implementing strategic initiatives and enhancing capabilities in cost surveillance and project governance)

(This item seeks approval of the recommendation of the Establishment Subcommittee made at its meeting held on 22 March 2019.)

(In attendance: Permanent Secretary for Development (Works)/ Principal Government Engineer (Project), Development Bureau)

(This item was discussed by the Panel on Development on 27 November 2018. Supplementary information papers CB(1)347/18-19(01) and CB(1)465/18-19(01) have been provided by the Administration to the Panel)

(This item was discussed by the Establishment Subcommittee on 22 February 2019 and 22 March 2019)

(Information paper from the Administration on 19 March 2020 (FC135/19-20(01)))

2.FCR(2019-20)48HEAD 152 – GOVERNMENT SECRETARIAT : COMMERCE AND ECONOMIC DEVELOPMENT BUREAU (COMMERCE, INDUSTRY AND TOURISM BRANCH)
Subhead 700 General non-recurrent
New item "SME Financing Guarantee Scheme – Special 100% Guarantee Product"

(This item invites Members to approve a new loan guarantee commitment of $20 billion with an expected maximum expenditure of $5.625 billion under Head 152 Commerce and Economic Development Bureau (Commerce, Industry and Tourism Branch) Subhead 700 General non-recurrent for the HKMC Insurance Limited to introduce a new loan guarantee product under its SME Financing Guarantee Scheme.)

(In attendance : Secretary for Commerce and Economic Development/ Permanent Secretary for Commerce and Economic Development (Commerce, Industry and Tourism)/Deputy Secretary for Commerce and Economic Development (Commerce and Industry)3/Executive Director and Chief Executive Officer, The Hong Kong Mortgage Corporation Limited/Executive Director and Chief Executive Officer, HKMC Insurance Limited/Vice President (SFGS Operations), HKMC Insurance Limited)

(Discussed by Panel on Commerce and Industry on 17 March 2020)

3.FCR(2019-20)38&Legend symbol denoting Items carried over from the meeting held on 13 March 2020.RECOMMENDATION OF THE PUBLIC WORKS SUBCOMMITTEE MADE ON 14 MAY 2019

(PWSC(2018-19)46#Legend symbol denoting Items requested by members for discussion and separate voting by the Finance Committee. –

175BFRelocation of supporting operational facilities of Tsim Sha Tsui Fire Station Complex, Fire Services Club and other Fire Services accommodations to To Wah Road, Kowloon

754CLInfrastructure Works for West Kowloon Cultural District, phase 1

763CLIntegrated Basement for West Kowloon Cultural District – remaining works)

(This item seeks approval of the recommendation of the Public Works Subcommittee made at its meeting held on 14 May 2019.)

(In attendance: Permanent Secretary for Home Affairs/Project Manager, Home Affairs Bureau/Project Manager (South), Civil Engineering and Development Department/Chief Engineer (South 2), Civil Engineering and Development Department/Assistant Director of Fire Services (Headquarters)/Senior Divisional Officer (Planning Group), Fire Services Department/Deputy Director of Architectural Services/Senior Project Manager 240, Architectural Services Department/Chief Traffic Engineer (Kowloon), Transport Department/Senior Engineer (Strategic Studies) 5, Transport Department/Chief Projects Officer, West Kowloon Cultural District Authority/General Manager (Engineering Services), West Kowloon Cultural District Authority)

(This item was discussed by the Joint Subcommittee to Monitor the Implementation of the West Kowloon Cultural District Project set up under the Panel on Development and Panel on Home Affairs on 21 April 2017, 11 May 2018, 11 June 2018 and 14 January 2019. Supplementary information paper CB(1)123/18-19(01) has been provided by the Administration to the Subcommittee)

(This item was discussed by the Public Works Subcommittee on 8 and 14 May 2019 and information papers PWSC208/18-19(01) and PWSC278/18-19(01) have been provided by the Administration to the Subcommittee)

(Written questions from Dr Hon KWOK Ka-ki, Hon Alvin YEUNG, Hon Tanya CHAN and Hon Jeremy TAM Man-ho on 8 May 2019 (PWSC204/18-19(01)) and information paper from the Administration on 14 May 2019 (PWSC208/18-19(03))

(Written questions from Dr Hon KWOK Ka-ki on 8 May 2019 (PWSC204/18-19(02)) and information paper from the Administration on 14 May 2019 (PWSC208/18-19(04))

(Written questions from Dr Hon Helena WONG Pik-wan on 8 May 2019 (PWSC204/18-19(03)) and information paper from the Administration on 14 May 2019 (PWSC208/18-19(02)))

(Letter dated 26 November 2019 from Hon Tanya CHAN (FC46/19-20(01)) and reply dated 10 December 2019 from the Administration (FC46/19-20(02)))

4.FCR(2019-20)10*Legend symbol denoting Items carried over from the 2018-19 LegCo Session and the meeting held on 13 March 2020. CAPITAL WORKS RESERVE FUND
HEAD 708 – CAPITAL SUBVENTIONS AND MAJOR SYSTEMS AND EQUIPMENT
Hong Kong Observatory
New Subhead "Replacement of the Storm-detecting Weather Radar at Tai Mo Shan"
New Subhead "Procurement of a High Performance Computer System"

(This item invites Members to approve the creation of the following two new commitments for the Hong Kong Observatory –

(a)$48 million for the replacement of the storm-detecting weather radar at Tai Mo Shan; and

(b)$90 million for the procurement of a high performance computer system.)

(In attendance : Deputy Secretary for Commerce and Economic Development (Commerce and Industry) 2/Assistant Director of the Hong Kong Observatory (Aviation Weather Services)/Senior Scientific Officer (Radar and Satellite Meteorology), Hong Kong Observatory/Senior Scientific Officer (Meteorological Forecast Systems), Hong Kong Observatory)

(This item was discussed by the Panel on Economic Development on 25 February 2019)

5.FCR(2019-20)25*Legend symbol denoting Items carried over from the 2018-19 LegCo Session and the meeting held on 13 March 2020. RECOMMENDATION OF THE ESTABLISHMENT SUBCOMMITTEE MADE ON 7 MAY 2019

(EC(2018-19)37#Legend symbol denoting Items requested by members for discussion and separate voting by the Finance Committee. – Creation of five permanent posts of three judicial posts of Judge of the District Court (JSPS 13) in the Judiciary to strengthen the judicial establishment of the Family Court; and two civil service posts of one Administrative Officer Staff Grade B1 (D4) to head a new Planning and Quality Division and one Administrative Officer Staff Grade C (D2) to strengthen directorate support for the Chief Justice's Private Office in the Judiciary Administration)

(This item seeks approval of the recommendation of the Establishment Subcommittee made at its meeting held on 7 May 2019.)

(In attendance: Judiciary Administrator/Assistant Judiciary Administrator (Corporate Services))

(The item was discussed by the Panel on Administration of Justice and Legal Services on 25 February 2019)

(This item was discussed by the Establishment Subcommittee on 7 May 2019 and information paper ESC119/18-19(01) has been provided by the Administration to the Subcommittee)

6.FCR(2019-20)21*Legend symbol denoting Items carried over from the 2018-19 LegCo Session and the meeting held on 13 March 2020.RECOMMENDATION OF THE PUBLIC WORKS SUBCOMMITTEE MADE ON 26 APRIL 2019

(PWSC(2018-19)44#Legend symbol denoting Items requested by members for discussion and separate voting by the Finance Committee. – 190GK Flight Simulator Training Centre of the Government Flying Service)

(This item seeks approval of the recommendation of the Public Works Subcommittee made at its meeting held on 26 April 2019.)

(In attendance : Under Secretary for Security/Assistant Secretary for Security A1/Chief Pilot (Training and Standards), Government Flying Service/Senior Pilot (Helicopter - Technical Support), Government Flying Service/ Project Director 2, Architectural Services Department/Senior Project Manager 229, Architectural Services Department)

(This item was discussed by the Panel on Security on 8 January 2019)

(This item was discussed by the Public Works Subcommittee on 26 April 2019 and information paper PWSC223/18-19(01) has been provided by the Administration to the Subcommittee)

7.FCR(2019-20)40&Legend symbol denoting Items carried over from the meeting held on 13 March 2020.INNOVATION AND TECHNOLOGY FUND
HEAD 111 - INNOVATION AND TECHNOLOGY
New Subhead "Re-industrialisation Funding Scheme"

HEAD 184 - TRANSFERS TO FUNDS
Subhead 992 "Payment to the Innovation and Technology Fund"
Subhead 987 "Payment to the Capital Investment Fund"

CAPITAL INVESTMENT FUND
HEAD 962 - INDUSTRY
New Subhead "Equity in the Hong Kong Science and Technology Parks Corporation for developing a Microelectronics Centre"

(This item invites Members to approve –

(a)a supplementary provision of $2 billion under Head 184 Transfers to Funds Subhead 992 Payment to the Innovation and Technology Fund to enable the creation of a commitment for setting up a funding scheme to subsidise manufacturers to set up new smart production lines in Hong Kong; and

(b)a supplementary provision of $2 billion under Head 184 Transfers to Funds Subhead 987 Payment to the Capital Investment Fund to enable the creation of a commitment to inject $2 billion as equity from the Capital Investment Fund to the Hong Kong Science and Technology Parks Corporation for developing the Microelectronics Centre.)

(In attendance : Secretary for Innovation and Technology/Permanent Secretary for Innovation and Technology/Deputy Secretary for Innovation and Technology (1)/ Commissioner for Innovation and Technology/Deputy Commissioner for Innovation and Technology/Chief Financial Officer, Hong Kong Science and Technology Parks Corporation/Head of Advanced Manufacturing, Hong Kong Science and Technology Parks Corporation)

(This item was discussed by the Panel on Commerce and Industry on 21 May 2019)

8.FCR(2019-20)41&Legend symbol denoting Items carried over from the meeting held on 13 March 2020.HEAD 170 – SOCIAL WELFARE DEPARTMENT
Subhead 179 Comprehensive social security assistance scheme
Subhead 180 Social security allowance scheme

(This item invites Members to –

(a)approve the proposed improvements to the 'pro-employment' measures and other measures under the Comprehensive Social Security Assistance Scheme, and note the implementation timetable of the relevant measures;

(b)approve a 3.6% increase in the standard payment rates under the Comprehensive Social Security Assistance Scheme and the rates of allowances under the Social Security Allowance Scheme with effect from 1 February 2020 according to established adjustment mechanism; and

(c)note the additional financial implications of $960 million and $1,763 million each year arising from items (a) and (b) above respectively.)

(In attendance: Under Secretary for Labour and Welfare/Principal Assistant Secretary for Labour and Welfare (Welfare) 4/Deputy Director of Social Welfare (Administration)/Principal Executive Officer, Working Family Allowance Office/Senior Statistician (Social Welfare), Social Welfare Department)

(This item was discussed by the Panel on Welfare Services on 11 November 2019. Supplementary information papers CB(2)357/19-20(01) and CB(2)471/19-20(01) have been provided by the Administration to the Panel)

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* Items carried over from the 2018-19 LegCo Session and the meeting held on 13 March 2020.

& Items carried over from the meeting held on 13 March 2020.

# Items requested by members for discussion and separate voting by the Finance Committee.