2
- 2 -
The financial implications of the proposed
transfer are neutral. The change will increase annual
expenditure under the Capital Works Reserve Fund by about
10
ten per cent. This will be offset by a corresponding
reduction in the General Revenue Account expenditure. The
arrangements proposed have been approved by Finance
Committee.
کھ
The purpose of this motion is to amend the
resolution passed by this Council on 15 May 1985 for the
The
setting up of the Capital Works Reserve Fund.
transfer will be reflected in the draft Capital Works
Reserve Fund estimates for 1988-89, and take effect from
1 April 1988.
بھر
Sir, I beg to move.
Question proposed, put and agreed to.