1953-HKRS30-8-43_Part03 — Page 13

POLICE FORCE ORDINANCE.

(Chapter 232).

Police (Welfare Fund) REGULATIONS, 1953.

In exercise of the powers conferred by section 40 of the Police Force Ordinance, the Governor in Council has made the following regulations-

1.

These regulations may be cited as the Police (Welfare Citation. Fund) Regulations, 1953.

Fund.

2. (1) All monies due to the Police Welfare Fund (referred Mainten- to herein as the Fund) as prescribed by section 34 of the Ordinance ce of shall immediately be paid in full to the Accountant General who shall credit them to an account entitled "Deposits-Police Welfare Fund".

(2) When any illegal gratification offered to a police officer and confiscated by an order of court is in a form other than money or negotiable security and is a saleable commodity, it shall be sold under the direction of the Commissioner and the proceeds of the sale shall be paid to the Accountant General and credited by him to the account "Deposits-Police Welfare Fund".

(3) The payment of all sums made by a court to the Fund shall be notified to the Commissioner by the responsible officer of the court at the time payment is made.

(4) The Accountant General shall render to the Commissioner before the roth day of each month a return showing all transactions of the Fund in his accounts during the previous month.

3. All sums considered by the Commissioner to be surplus Investment. to the normal requirements of the Fund shall on his request be invested by the Accountant General in Hong Kong Government stocks or shall be remitted to the Crown Agents for investment in such securities as are permitted for the investment of Colonial Government funds. The interest or dividends received on account of such investments shall be credited to the Account "Deposits— Police Welfare Fund".