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Thursday, December 21, 1972
The Social Work Training Fund Ordinance was enacted on August 18, 1961, and provides for the establishment and administration of a trust fund designed to improve the training and skill of social workers in Hong Kong.
This is achieved by making grants to individuals for study
and training as social workers, by improving existing facilities for the training of social workers, by running courses, and by securing advice about the running of such courses.
The Director of Social Welfare is ex officio chairman of the
Social Work Training Fund Committee.
On April 1, 1971, the Fund opened with a balance of $4,137,665, comprising $3,473,895 as reserved capital, and $663,770 as uncommitted and expendable income carried forward from previous years.
The income earned during the year ending on March 31, 1972, amounted to $309,480, and after meeting approved items of expenditure, left a surplus of $68,588 carried forward into the current year.
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