MASS TRANSIT RAILWAY CORPORATION BILL
A BILL
To
Establish a corporation for the construction and operation of a mass transit railway in Hong Kong, to assume the functions, assets and liabilities of the Mass Transit Railway Provisional Authority and for connected purposes.
Enacted by the Governor of Hong Kong, with the advice and consent of the Legislative Council thereof.
PART I
PRELIMINARY
C119
commencement.
1. This Ordinance may be cited as the Mass Transit Railway Short title and Corporation Ordinance 1975 and shall come into operation on a day to be appointed by the Governor by notice in the Gazette.
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(1) In this Ordinance, unless the context otherwise requires- "Board" means the Board provided for by section 4(1);
"Chairman" means the Chairman of the Board;
"Corporation" means the Mass Transit Railway Corporation established
by section 3(1);
"financial year" means-
(a) the period between the commencement of this Ordinance and the
31st December 1975 (inclusive) and thereafter,
(b) each succeeding period of 12 months ending on 31st December; "Mass Transit Railway" and "railway" mean the railway, or any part thereof, known as the Mass Transit Railway, intended to be set up in pursuance of the transport policy of the Government; "member" means a member of the Board;
"Provisional Authority" means the
Authority established by section Provisional Authority Ordinance
"railway premises" means-
Interpretation.
Mass Transit Railway Provisional 3(1) of the Mass Transit Railway (14 of 1974.) 1974;
(a) any area, space or building occupied by the Corporation which is designed, equipped or set apart for the carriage of passengers by train or for affording facilities incidental to the carriage of passengers by train; and
(b) any train on railway premises.
(2) References in this Ordinance to constructing the railway are references to undertaking every stage of the process beginning with its design and planning and ending when it is brought into operation.
PART II
INCORPORATION AND POWERS
3.
(1) There is hereby established a body corporate, to be known Corporation as the Mass Transit Railway Corporation.
established.