Government gazettes regulations on reduction of water and sewage charges for non-domestic accounts
The Government published in the Gazette today (March 18) the Waterworks (Amendment) Regulation 2022 and the Sewage Services (Sewage Charge) (Amendment) Regulation 2022 to give effect to the extension of the existing reduction of the water and sewage charges for non-domestic accounts as announced by the Financial Secretary in the 2022-23 Budget. The measures aim to provide relief to the businesses concerned and it is expected that about 250 000 non-domestic users will benefit.
"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 to November 30, 2022, 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 18, 2022
Issued at HKT 11:00