EUNG EONE
No. 30 or 1975
I assent.
M, Wh
m
Governor
31st July, 1973.
An Ordinance to make provisions for the raising of loans in Hong Kong by
the issue of bonds and for matters connected therewith.
[1st August, 1975]
Enacted by the Governor of Hong Kong, with the advice and consent
of the Legislative Council thereof.
L. This Ordinance may be cited as the Loans (Government Bonds) Short dile. Ordinance 1975.
2. Jo this Ordinance, unless the context otherwise requires-
"Government bood" means a bond issued by the Government under this
Ordinance;
"loan" means a loan raised by the issue of Government bonds.
1
Laterpreudar.
The Government may, by the issue of bearer bonds, raise in Power to Hong Kong such loans for such purposes as may be approved by resolu- caine loans. lion of the Legislative Council,
4 (1) Except in the case of a loan raised for the purposes of the Appropriation Eeneral revenue, a loan shall be applied and is appropriated to the bud charge purposes for which it in raised:
ol losos.