Government Business

Motion

PUBLIC FINANCE ORDINANCE

THE FINANCIAL SECRETARY moved the following motion:

With

respect to the Capital

Capital Works Reserve Fund that the resolution made and passed by the Legislative Council on 15 May 1985 and published as Legal Notice No. 131 of 1985 be amended by deleting paragraph (j) and substituting the following

"(j) the Financial Secretary may expend moneys from the

works account far-

(i) the purposes of the Government's public works

programme;

(ii) the purchase and installation of equipment consequential on implementing the public works programme;

(iii) the development, purchase and installation of

major equipment systems used by the Government;

(iv) capital subventions; and

(v) the acquisition of land,

in accordance with such conditions, exceptions and limitations as.. may be specified by the Finance Committee;".

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