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Sia benefus.

Accoools.

Audit

Report to be

24. (1) The Corporation shall keep proper accounts of all income and expenditure and shall maintain proper and adequate records thereof.

(2) As soon as may be convenient after the end of each financial year, the Corporation shall cause to be drawn up, in such form as the Financial Secretary may approve, a statement of its income and expendi- ture during such financial year and a statement of the assets and liabilities of the Corporation on the last day thereof.

25. (1) The Governor shall appoint so auditor, after consultation with the Corporation.

(2) The auditor shall be entitled at any time to have acceas to all books of account, vouchers and other financial records of the Corporation and to require such information and explanations thereon as he thinks fil.

(3) The auditor shall audit the statements drawn up under section 24(2) as soon as possible and shall make a written report thereon to the Corporation.

26. (1) The Corporation shall as soon as possible after the end of ald on able of each financial year, but not later than 6 months after the end of each fnancial year or such longer period as the Financial Secretary may as to any particular year allow, furnish to the Financial Secretary-

Lerduauire Cound,

(a) a report on the affairs of the Corporation for that year; (b) copies of the statements in respect of that year drawn up under

section 24(2); and

(c) a copy of the auditor's report on such statements.

(2) The Financial Secretary shall lay on the table of the Legislative Council the reports and statements furnished 10 him pursuant to sub- section (1),

(2) All matters relating to the remuneration and the terms and con- ditions of engagement of advisers, and the manner of their engagement, under subsection (1) shall be determined by the Corporation.

30. (1) The Corporation may-

(4) grant, or make, provision for the grant of, pensions, gratuities

and retirement benefits to its employees;

(b) provide other benefits for the welfare of its employees and

their dependants;

(c) make payments, whether ez gratia or legally due, to the personal

representative of a deceased employee or to any person who wa dependent on such employee at his death.

(2) The Corporation may establish, manage and control or enter into an arrangement with any company or association for the establishment, management and control by such company or association either alone or jointly with the Corporation of any fund or scheme for the purpose of providing for the pensions, gratuities, benefits and payments referred to in subsection (1)

(3) The Corporation may make contributions to any fund of scheine referred to in subsection (2) and may require its employees to make contributions thereto.

(4) The Corporation may supply living accommodation and household effects, for the occupation and use of employees and advisers of the Corporation and their families, at such rent and on such terms and conditions as it may determine,

(5) In this section "employees' includes any class of employes which the Corporation may specify and in subsection (1) includes former employees.

Appointment of

PART V

STAFE

27. (1) The Corporation shall, with the approval of the Governor, Chief Executive, appoint a person to be the chief executive of the Corporation.

Appointment of employees and condiloma of Catployment.

Employment of

technical and professional Judvisers

(2) All matters relating to the remuneration and the terms and con- ditions of appointment of the Chief Executive, and his suspension or dismissal from office, shall be determined by the Corporation, subject to the approval of the Governor.

28. (1) Subject to section 27, the Corporation may appoint such employees as it thinks necessary.

(2) All matters relating to the remunctation and the terms and con- ditions of appointment of employees appointed under subsection (1) shall be determined by the Corporation.

(3) The Corporation may make such standing orders as li thinka ft not inconsistent with this Ordinance, regulating the work and conduct of its employees.

29. (1) The Corporation may engage the services of technical and professional advisers to advise the Corporation on any matter arising out of or in connexion with any of the powers or functions of the Cor- poration.

PART VI

GENERAL

31. The Corporation is not the servant or agent of the Crown and Compradon doca not enjoy any statua, immunity or privilege of the Crown.

Arent of che Сража

32. The Corporation shall upon request by the Governor afford to Gavereor him sufficient facilities for obtaining information with respect to the may obtin property and affairs of the Corporation and shall in such manner and information. at such times as the Govemor may require furnish him with returns, accounts and other information with respect thereto and afford to him facilities for the verification of information furnished.

33. (1) Notwithstanding section 7(2) the Governor may, if he con Goschonk my siders the public interest so requires, give directions in writing to the give directions. Corporation and the Corporation shall comply with those directions.

(2) No such direction shall be inconsistent with any provision of

this Ordinance.

34. (1) Any person who in the performance or exercise of his func Secrecy. tions of powers, or in the course of his employment, under or in connexion with this Ordinance has acquired or has access to any information relating to the affairs of any person, or any manufacturing or commercial secret, or any working process, shall not at any time disclose or make available

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