the Governor in Council.
Clause 33 makes a consequential amendment
to the Bankruptcy Ordinance (Cap. 6).
7. The Bill will require additional staff which is estimated
to cost $21 million in the first year of implementation and
approximately $28 million in 1991/92 and thereafter. In addition, a
further amount is likely to be required for the appointment of public
accountants in private practice to assist in investigations and to
act as receivers under the restraint and confiscation orders. This
amount is estimated to be around $10 million per year. It is not
possible to forecast the revenue that will accrue from proceeds
recovered, but it could be substantial.