1987 Ed.] Hong Kong Examinations Authority

[CAP. 261

7

(6) The Authority shall cause to be published in the Gazette any fees payable in respect of the specified examinations approved under subsection (4) within 28 days of the date upon which it receives notice of such approval.

(7) [Deleted, 14 of 1987, s. 8]

11. (1) The Authority shall keep such accounts of its transactions as the Director of Accounting Services may require and shall prepare, for each financial year of the Authority, a statement of the accounts of the Authority, which statement shall include an income and expenditure account and balance sheet and shall be signed by the Chairman of the Authority. (Replaced, 14 of 1987, s. 9)

(2) The signed statement of the accounts of the Authority shall be submitted by the Chairman to an auditor appointed by the Authority with the prior approval of the Governor not later than 6 months following the end of the period to which it relates or by such later date as the Governor may allow.

(3) The accounts of the Authority and the signed statement of the accounts shall be audited by the appointed auditor, who shall certify such statement subject to such report, if any, as he may think fit.

(4) A copy of the signed and audited statement of accounts together with the report, if any, of the appointed auditor and a report by the Authority on its activities during the period covered by the audited accounts, shall be submitted to the Governor and laid on the table of the Legislative Council within 3 months of the receipt by the Authority of the signed and audited statement of accounts from the appointed auditor.

12. The Financial Secretary may direct that an annual fee, determined by him, to cover the costs of any service provided by the Government shall be charged against the income of the Authority and paid into the general revenue of Hong Kong. (Amended, 14 of 1987, s. 10)

Accounts and statements.

Administration fee.

12A. All moneys of the Authority which are not immediately required may be—

(a) deposited in Hong Kong currency on fixed term or call deposit or in a savings account, in any bank or deposit-taking company licensed under the Banking Ordinance;

(b) invested in Hong Kong dollar certificates of deposit issued by any bank or deposit-taking company licensed under the Banking Ordinance; or

(c) invested in bonds or other securities issued or guaranteed by the Government.

(Added, 14 of 1987, s. 11)

surplus moneys.

(Cap. 155.)

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