B 2
CAP. 21
[Subsidiary]
Development Loan Fund
[1983 Ed.
(c) the Financial Secretary may expend moneys from the Fund for the purpose of financing by loans, advances or investments such schemes of development in Hong Kong as may be approved by the Finance Committee, in accordance with such conditions, exceptions and limitations as may be specified by the Finance Committee;
(d) the Director of Accounting Services shall, under the authority of a funds warrant issued by the Financial Secretary, pay from the Fund such sums as may be required to meet expenditure from the Fund;
(e) the Financial Secretary in his discretion may authorize the investment in such manner as he may determine of any unexpended balance held in the Fund at any time;
(f) the Financial Secretary may from time to time transfer from the Fund to general revenue any balance in the Fund which is not required for the purposes of the Fund; and
(g) paragraphs 2, 3 and 5 of the resolution made and passed by this Council on 22 October 1958 and published in the Gazette as Government Notice No. A64 of 1958 and the resolution made and passed by this Council on 7 December 1966 and published in the Gazette as Legal Notice No. 81 of 1966, which relate to the composition, expenditure and administration of the Fund, cease to apply.