Annex A

Funding

(g) It

should

be funded largely by the market and partly by the Government (para. 9.56).

Accountability to the Administration

(h) It should be seen as part of the wider Government machinery and to ensure its accountability to the Administration

(i)

the

Governor should appoint the Chairman and other directors of the new SC board and

power

them;

to

should

all dismiss

or

have the some of

(ii)

the Governor should be able to give the new SC directions;

(iii) the new SC should be

an

to

and

obliged present

annual report statement of account to the Governor who would lay them before the Legislative Council;

(iv)

the new

SC's

should be

with the and

(v)

Advisory

Committee

appointed by the new SC approval of the Governor;

the new SC Chairman should develop and submit its annual budget to the Finance Committee of the Legislative Council (para. 9.55).

I

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