2
Establish- ment and incorpora- tion of the
Hong Kong Productivity Council.
Functions of the Coundi.
Powers of the Council.
the Chairman so appointed, the person (if any) appointed under subsection (5) of that section to act as Chairman or, if no person has been appointed to act as Chairman, the Deputy Chairman appointed under subsection (2) of that section;
"Council" means the Hong Kong Productivity Council established by
section 3:
"Executive Committed" means the executive committee elected under
section 15:
"Executive Director" means the executive director of the Productivity Centre appointed by the Council under paragraph (A) of subsec- tion (1) of section 5:
"financial year" means the period commencing on the 1st day of April each year and ending on the 31st day of March in the year follow- ing except that the period from the establishment of the Council to the 31st day of March next thereafter shall be deemed to be a financial year:
"Productivity Centre" means the centre established under section 14.
PART II.
THE HONG Kong Productivity Council.
3. There is hereby established a council to be called the Hong Kong Productivity Council which shall, in that name, be a body cor- parate with perpetual succession and shall be capable of suing and being sued and, subject to this Ordinance, of doing and suffering all such other acts and things as bodies corporate may lawfully do and suffer.
The functions of the Council shall be---
(a) to promote the increased productivity of industry in Hong Kong and to encourage the more efficient utilization of re- sources therein;
(b) to consider matters affecting the productivity of industry in
Hong Kong:
(c) to advise the Governor concerning the productivity of industry
in Hong Kong and measures designed to increase it:
(d) to establish and maintain a Productivity Centre in accordance
with section 14.
5.
(1) The Council may do all such things as are calculated to facilitate, or as are incidental or conducive to, the better carrying out
of its functions and may in particular, but without prejudice to the generality of the foregoing-
(a) acquire, take on lease, purchase, hold and enjoy any property
and sell, let or otherwise dispose of the same:
(6) cater into any contract:
(c) to meet expenditure on any item shown in the estimates of expenditure of the Council approved by the Governor under section 16, borrow or otherwise raise money on such security as may be necessary, and for that purpose, charge all or any of the property of the Council, but without the prior approval of the Financial Secretary no sum shall be borrowed or other- wise raised under this paragraph which itself, or together with all other sums previously borrowed or otherwise raised under this paragraph and still outstanding, exceeds, or in the aggre- gate exceed, ten per cent of the total estimated expenditure approved by the Governor under section 16 for the curreNL financial year;
(d) become a member of, act as agent for or otherwise take part in the activities of any association or institution which is, either wholly or in part, concerned with any matter relating to productivity of industry:
(e) found scholarships, make research grants or otherwise give financial or other assistance to persons engaged in study or research into any matter relating to productivity of industry; (f) hold classes, seminars, demonstrations, exhibitions, lectures or any other form of instructional or promotional activity and charge fees therefor;
(g) publish periodicals, booklets or other written material, and produce or sponsor the production of documentary films or other audio-visual material, and distribute the same by sale or by loan, hire or otherwise with or without charge as the Council thinks fit:
(4) from time to time and subject to section 6, appoint an Executive Director to be the chief administrative officer of the Produc- tivity Centre and such other officers, servants and agents as it considers necessary for the efficient performance of its functions; and employ any professional person to advise the Council on any point arising out of or in connexion with any of the functions or powers of the Council;
(/) appoint, in addition to the Executive Committee, a committee for such general or special purpose as in the opinion of the Council would be better regulated and managed by a committee;