AGENDA FOR FINANCE COMMITTEE MEETINGS

FRIDAY, 17 APRIL 2020,

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(2020-21)2	HEAD 142 – GOVERNMENT SECRETARIAT : OFFICES OF THE CHIEF SECRETARY FOR ADMINISTRATION AND FINANCIAL SECRETARY Subhead 700 General non-recurrent Item 803 Anti-epidemic Fund HEAD 170 – SOCIAL WELFARE DEPARTMENT Subhead 700 General non-recurrent New item "Special Scheme of Assistance to the Unemployed" HEAD 152 – GOVERNMENT SECRETARIAT : COMMERCE AND ECONOMIC DEVELOPMENT BUREAU (COMMERCE, INDUSTRY AND TOURISM BRANCH) Subhead 700 General non-recurrent Item 833 SME Financing Guarantee Scheme – Special Concessionary Measures LOAN FUND HEAD 252 – LOANS TO SCHOOLS/TEACHERS Subhead 104 Loans to non-profit-making international schools Subhead 106 Start-up loan for post-secondary education providers HEAD 254 – LOANS TO STUDENTS Subhead 101 Means-tested loan for tertiary students pursuing publicly-funded programmes Subhead 102 Non-means-tested loan scheme Subhead 103 Means-tested loan for post-secondary students HEAD 262 – PRIMARY PRODUCTS Subhead 101 Fisheries Loans (This item invites Members to approve –
		(a)	an increase in commitment by $120.5 billion from $30 billion to $150.5 billion under Head 142 Government Secretariat: Offices of the Chief Secretary for Administration and Financial Secretary Subhead 700 General non-recurrent Item 803 for injection into the Anti-epidemic Fund to provide funding for a second round of relief measures targeted at eligible individuals and businesses hard hit by the coronavirus disease-2019 pandemic and various anti-epidemic measures introduced by the Government;
		(b)	a new non-recurrent commitment of $3,520 million under Head 170 Social Welfare Development Subhead 700 General non-recurrent for implementing a six-month unemployment support scheme under the Comprehensive Social Security Assistance Scheme;
		(c)	(i)		an increase in loan guarantee commitment of the Special 100% Guarantee Product under the SME Financing Guarantee Scheme by $30 billion from $20 billion to $50 billion, resulting in an increase in the expected maximum expenditure by $8.44 billion from $5.63 billion to $14.07 billion; and
			(ii)	the consolidation of the loan guarantee commitment of $100 billion under Head 152 Commerce and Economic Development Bureau (Commerce, Industry and Tourism Branch) Subhead 700 General non-recurrent Item 833 SME Financing Guarantee Scheme - Special Concessionary Measures (the 80% Guarantee Product), $33 billion under the 90% Guarantee Product and $50 billion under the Special 100% Guarantee Product (proposed in (c) (i) above) into a total commitment of $183 billion under Item 833 to be renamed as SME Financing Guarantee Scheme - Guarantee Products, resulting in a consolidation of the total expected maximum expenditure into $33.72 billion (being the sum of $13.15 billion under the 80% Guarantee Product, $6.5 billion under the 90% Guarantee Product and $14.07 billion under the Special 100% Guarantee Product);
		(d)	relaxation of the prevailing terms and conditions in relation to repayments by self-financing post-secondary institutions under the Start-up Loan Scheme, loans for international schools, as well as the Student Financial Assistance schemes; and
		(e)	relaxation of the prevailing terms and conditions in relation to repayments under the Fisheries Development Loan Fund.)
	(In attendance: Chief Secretary for Administration/Head, Human Resources Planning and Poverty Co-ordination Unit, Chief Secretary for Administration's Private Office/Administrative Assistant to Chief Secretary for Administration/Secretary for Justice/Secretary for Commerce and Economic Development/Permanent Secretary for Commerce and Economic Development (Commerce, Industry and Tourism)/Commissioner for Tourism/Executive Director and Chief Executive Officer, Hong Kong Mortgage Corporation Limited/Secretary for the Civil Service/Deputy Secretary for the Civil Service (1)/Secretary for Development/Deputy Secretary for Development (Works) (3)/Secretary for Education/Under Secretary for Education/Deputy Secretary for Education (4)/Secretary for the Environment/Deputy Director of Environmental Protection (2)/Secretary for Food and Health/Director of Food and Environmental Hygiene/Deputy Secretary for Financial Services and the Treasury (Treasury)2/Deputy Secretary for Financial Services and the Treasury (Financial Services)1/Secretary for Home Affairs/Commissioner for Sports/Deputy Director of Home Affairs (2)/Secretary for Innovation and Technology/Permanent Secretary for Innovation and Technology/Secretary for Labour and Welfare/Assistant Director of Social Welfare (Youth and Corrections)/Secretary for Transport and Housing/Commissioner for Transport) (Letter dated 16 April 2020 from Dr Hon Fernando CHEUNG Chiu-hung (FC151/19-20(01)) and information papers from the Administration on 16 April 2020 (FC153/19-20(01), FC153/19-20(02), FC153/19-20(03)))
2.	FCR(2019-20)49@Legend symbol denoting Item initially included in the agenda for the meeting on 27 March 2020 but the meeting was cancelled.	RECOMMENDATION OF THE ESTABLISHMENT SUBCOMMITTEE MADE ON 22 JANUARY 2020 (EC(2019-20)14 – Retention of one supernumerary post of Administrative Officer Staff Grade C (D2) in the Home Affairs Bureau (HAB) to continue to head the Recreation and Sport Division (2) of Recreation and Sport Branch in the HAB) (This item seeks approval of the recommendation of the Establishment Subcommittee made at its meeting held on 22 January 2020.)
	(This item was discussed by the Panel on Home Affairs on 4 November 2019.) (This item was discussed by the Establishment Subcommittee on 8 and 22 January 2020)
3.	FCR(2019-20)10*Legend symbol denoting Items carried over from the 2018-19 LegCo Session and the meeting held on 20 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)
4.	FCR(2019-20)25*Legend symbol denoting Items carried over from the 2018-19 LegCo Session and the meeting held on 20 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/Deputy Judiciary Administrator (Operations)/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)
5.	FCR(2019-20)21*Legend symbol denoting Items carried over from the 2018-19 LegCo Session and the meeting held on 20 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)
6.	FCR(2019-20)40&Legend symbol denoting Items carried over from the meeting held on 20 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)
7.	FCR(2019-20)41&Legend symbol denoting Items carried over from the meeting held on 20 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)
8.	FCR(2020-21)1	INNOVATION AND TECHNOLOGY FUND HEAD 111 – INNOVATION AND TECHNOLOGY Subhead 104 The Nano and Advanced Materials Institute Subhead 105 The Hong Kong Research Institute of Textiles and Apparel Subhead 106 The Automotive Parts and Accessory Systems Research and Development Centre Subhead 107 The Research and Development Centre for Logistics and Supply Chain Management Enabling Technologies (This item invites Members to approve an increase in commitment of the following Subheads under Head 111 - Innovation and Technology –
		(a)	from $690 million by $439.5 million to $1,129.5 million for Subhead 104 – The Nano and Advanced Materials Institute;
		(b)	from $344.5 million by $214.3 million to $558.8 million for Subhead 105 – The Hong Kong Research Institute of Textiles and Apparel;
		(c)	from $299.7 million by $84.5 million to $384.2 million for Subhead 106 – The Automotive Parts and Accessory Systems Research and Development Centre; and
		(d)	from $362.4 million by $276.8 million to $639.2 million for Subhead 107 – The Research and Development Centre for Logistics and Supply Chain Management Enabling Technologies.)
	(In attendance: Under Secretary for Innovation and Technology/ Principal Assistant Secretary for Innovation and Technology (1)/Commissioner for Innovation and Technology/Deputy Commissioner for Innovation and Technology/Chief Executive Officer, Nano and Advanced Materials Institute/Chief Executive Officer (Automotive Platforms and Application Systems R&D Centre), Hong Kong Productivity Council/Chief Executive Officer, Hong Kong Research Institute of Textiles and Apparel/Chief Executive Officer, Logistics and Supply Chain MultiTech R&D Centre) (This item was discussed by the Panel on Commerce and Industry on 19 November 2019. Supplementary information papers CB(1)327/19-20(01) has been provided by the Administration to the Panel)

^@ Item initially included in the agenda for the meeting on 27 March 2020 but the meeting was cancelled.

^* Items carried over from the 2018-19 LegCo Session and the meeting held on 20 March 2020.

^& Items carried over from the meeting held on 20 March 2020.

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