Repeal and replacement of section 7.
(b) in subsection (4), by the deletion of the full stop at the end and
the substitution therefor of the following-
4.
"and may be re-appointed from time to time at the pleasure of the Governor.".
Section 7 of the principal Ordinance is repealed and replaced by the following sections-
"Borrowing POMCTS.
Financial control and investosok.
Accounts.
7. With the consent of the Governor in Council, the Director may, for any of the purposes of this Ordinance, borrow money in such manner and upon such security as he may consider expedient
7A. (1) The Director shall prepare and submit annually to the Governor for his approval estimates of income and expenditure in respect of the next succeeding year and shall not, except with the prior approval of the Governor, incur any expenditure in excess of that specified in the estimates as approved by the Governor:
Provided that nothing in this subsection shall be construed to prevent the Director from incurring and making provision for reasonable day to day expenses pending the approval of the annual estimates.
(2) All maneys received, including any moneys borrowed, by the Director shall be brought to account and shall be administered by the Director for the purposes of this Ordinance, and any moneys so brought to account may be invested by him in such securities or deposited in such manner in the Colony as the Financial Secretary may from time to time approve for that purpose.
7B. (1) The Director shall cause proper accounts to be kept of all transactions and shall cause to be prepared for every period of twelve months ending the 31st day of March in each year a statement of the accounts of the fund. which statement shall include an income and expenditure account and balance sheet and shall be signed by the Director.
(2) The accounts and the signed statement of the accounts shall be audited by an auditor, appointed from time to time by the Governor, who shall certify the state- ment subject to such report, if any, as he may think fil
(3) A copy of the signed and audited statement of accounts together with the auditor's report, if any, and a report by the Director on the administration of the fund during the period covered by the audited accounts shall be
laid upon the table of the Legislative Council not later than the 30th day of September next following the end of such period or so soon thereafter as the Governor, in his absolute discretion, may allow.".
Subsection (1) of section 8 of the principal Ordinance is Amendment
5. amended-
(a) in paragraph (5), by the insertion after the words "and regulate
the conduct of markets" of the following-
"and collecting centres":
(6) in paragraph (f), by the insertion after the words "social
welfare" of the following--
*and education"; and
(c) in paragraph (7), by the insertion after the words “in connexion
with the issue of any licence" of the following-
"or permit".
of section 8.
Sections 9 and 10 of the principal Ordinance are repealed and Repeal and replacement replaced by the following-
of sections 9 and 10.
"Powers of searcht, seizure and arrest.
9. (1) The Director, the Marketing Officer, any police officer or any public officer authorized in writing by the Director in that behalf, either generally or in any particular case, may, without warrant, if he has reason to believe that any offence against this Ordinance has been committed-
(a) stop, board and search any vessel or vehicle which he bas reason to believe was or is being used in connexion with the commission of such offence; (6) scize and retain any regulated product (and any container thereof) in respect of which be has reason to believe such offence has been committed, and may for the purpose of effecting such seizure require the person for the time being in charge of the vessel or vehicle, if any, in or on which such product is being transported to take the same to such port, market or police station as may in the circumstances be expedient and may there detain such vessel or vehicle until such time as he is able to cause the articles seized to be transferred there- from:
(c) arrest and forthwith take or cause to be taken to a police station any person whom he has reason to believe to have committed such offence.
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