XN000022-1978-07-14 — Page 2

FRIDAY, JULY 14, 1978

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INTERIM REPORT OF THE COMMITTEE OF ENQUIRY

ON THE PRECIOUS BLOOD GOLDEN JUBILEE SECONDARY SCHOOL ******

THE INTERIM REPORT OF THE COMMITTEE OF ENQUIRY INTO THE PRECIOUS BLOOD GOLDEN JUBILEE SECONDARY SCHOOL IS PUBLISHED TODAY.

THE COMMITTEE HAS RECOMMENDED THAT A SECOND SCHOOL BE ESTABLISHED. THE GOVERNMENT HAS ACCEPTED THE RECOMMENDATION AND IS TAKING ACTION. THE GOVERNMENT, OF COURSE, ACCEPTS THE VIEW THAT PARENTS SHOULD HAVE THE CHOICE OF WHICH SCHOOL THEIR CHILDREN SHOULD ATTEND AND ARRANGEMENTS FOR THEM TO DO THIS ARE BEING MADE. FURTHER DETAILS WILL BE ANNOUNCED SHORTLY.

THE COMMITTEE HAS ALSO RECOMMENDED THAT STATEMENTS OF THE PRECIOUS BLOOD SCHOOL ACCOUNTS AND OF THE CHANGE OF SPONSORSHIP OF THE ST. TERESA SCHOOL SHOULD BE PUBLISHED. THESE WILL BE ISSUED LATER TODAY. THE INFORMATION CONTAINED IN THESE STATEMENTS IS DRAWN FROM RECORDS THAT WERE MADE AVAILABLE TO THE COMMITTEE OF ENQUIRY. HOWEVER, THE GOVERNMENT WILL NOT COMMENT ON OTHER MATTERS CONTAINED IN THE INTERIM REPORT UNTIL THE FINAL REPORT IS RECEIVED.

PRECIOUS BLOOD GOLDEN JUBILEE SECONDARY SCHOOL INSPECTION OF ACCOUNTS BY EDUCATION DEPARTMENT

STATEMENT BY THE DIRECTOR OF EDUCATION ON THE SUMMARY OF FINDINGS AND SUBSEQUENT ACTION

INTRODUCTION

THE PRECIOUS BLOOD GOLDEN JUBILEE SECONDARY SCHOOL IS FULLY SUBSIDIZED BY THE EDUCATION DEPARTMENT UNDER THE CODE OF AID.

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UNDER THE CODE OF AID EACH SCHOOL IS REQUIRED TO MAINTAIN TWO SEPARATE BANK ACCOUNTS: ONE FOR THE RECEIPT AND DISBURSEMENT CF GOVERNMENT GRANT-IN-AID FUNDS, THE SECOND FOR THE RECEIPT OF NON- GRANT SCHOOL FUNDS (E.G. TONG FAI) AND THE DISBURSEMENT OF OTHER PERMITTED EXPENDITURE.

3. THE CODE OF AID ALSO REQUIRES EACH SCHOOL TO MAINTAIN SEPARATE LEDGER ACCOUNTS FOR EACH CATEGORY OF GRANT RECEIVABLE (E.G. SALARIES GRANT, CAPITATION GRANT, ADMINISTRATION GRANT, JANITOR STAFF AND CLEANING GRANT, ETC.), AND TONG FAI OR SUBSCRIPTIONS ACCOUNT.

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