1989 Ed.]
Housing
[CAP. 283
7
(k) to do all such other acts as are reasonably necessary for the exercise or performance of all or any of the powers or duties of the Authority under this Ordinance and to perform any other function which is incidental or conducive to or connected with the attainment or furtherance of the purposes of the Authority in accordance with this Ordinance.
(3) In each financial year, before a date to be appointed by the Governor, the Authority shall submit to the Governor for his approval a programme of its proposed activities and estimates of the income and expenditure of the Authority for the next financial year:
Provided that the programme and estimates for the first financial year of the Authority shall be forwarded as soon as is practicable after the commencement of this Ordinance.
(4) The policy of the Authority shall be directed to ensuring that the revenue accruing to it from its estates shall be sufficient to meet its recurrent expenditure on its estates.
5. Property vested in the Crown
The Governor may, by order, vest in the Authority the control and management of any property which is vested in the Crown.
5A. Transfer of assets and liabilities to Authority
The assets and liabilities accounted for in the Home Ownership Fund as at 31 March 1988 shall, on 1 April 1988, become assets and liabilities of the Authority.
(Added 16 of 1988 s. 4)
6. Incorporation
The Authority shall be a body corporate with perpetual succession and a common seal and, for the purposes of this Ordinance, with a capacity to acquire and hold land and to sue and be sued in the corporate name of the Authority.
(Amended 74 of 1974 s. 3)
7. Committees
(1) Subject to subsection (2), the Authority may appoint committees for the better discharge of its functions under this Ordinance.
(2) The Authority shall appoint a committee comprising 12 members, at least 4 of whom shall not be members of the Authority, for the purpose of hearing appeals under section 20(1); and at any meeting of the committee