Government gazettes regulations on reduction of water and sewage charges for non-domestic accounts
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A Government spokesman said, "The measures are to extend the 75 per cent reduction of the water and sewage charges for non-domestic accounts for eight months from December 1, 2022, to July 31, 2023, subject to a monthly cap of $20,000 and $12,500 respectively for each meter covered by a water bill. The regulations will be tabled at the Legislative Council on November 23 for negative vetting."
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, November 18, 2022
Issued at HKT 11:17
Issued at HKT 11:17
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