WEDNESDAY, MARCH 9, 1994
LEGCO PASSES VOTE ON ACCOUNT RESOLUTION
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A RESOLUTION TO SEEK FUNDS ON ACCOUNT TO ENABLE THE GOVERNMENT TO CARRY ON EXISTING SERVICES BETWEEN THE START OF THE NEXT FINANCIAL YEAR AND THE ENACTMENT OF THE APPROPRIATION BILL WAS PASSED LEGISLATIVE COUNCIL TODAY (WEDNESDAY).
IN THE
THE AGGREGATE TOTAL UNDER ALL HEADS IS FIXED AT $53,146,695,000.
A VOTE ON ACCOUNT WARRANT WILL BE ISSUED TO THE DIRECTOR OF ACCOUNTING SERVICES AUTHORISING HIM TO MAKE PAYMENTS UP TO THE AMOUNT SPECIFIED AND IN ACCORDANCE WITH ITS CONDITIONS.
THE VOTE ON ACCOUNT WILL BE SUBSUMED UPON THE ENACTMENT OF THE APPROPRIATION BILL, AND THE GENERAL WARRANT ISSUED AFTER THE ENACTMENT OF THE APPROPRIATION BILL WILL REPLACE THE VOTE ON ACCOUNT WARRANT AND WILL BE EFFECTIVE FROM APRIL 1.
RESOLUTIONS TO INCREASE BANKRUPTCY AND COMPANIES FEES PASSED
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THE
LEGISLATIVE COUNCIL TODAY (WEDNESDAY) PASSED RESOLUTIONS THAT SOUGHT TO INCREASE BY 10 PER CENT CERTAIN PAYABLE TO THE REGISTRAR OF THE SUPREME COURT STARTING FROM APRIL THIS YEAR.
TWO FEES
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THESE FEES INCLUDE THOSE IN RELATION то PROCEEDINGS IN BANKRUPTCY AND THE RELATED RESEARCH, CERTIFICATION AND PHOTOCOPYING OF DOCUMENTS; AND TO COMPANIES AND COMPANIES WINDING-UP.
MOVING THE RESOLUTIONS, THE SECRETARY FOR FINANCIAL SERVICES, MR MICHAEL CARTLAND, SAID THOSE FEES WERE LAST REVIEWED IN 1992. THE INCREASE WAS IN LINE WITH THE RISE IN COST, TO RECOVER THE FULL COST OF PROVIDING THE SERVICES.
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