XN000022-1987-10-28 — Page 18

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WEDNESDAY, OCTOBER 28, 1987

SUPPLEMENTARY PROVISION APPROVED

A SUMMARY OF THE SUPPLEMENTARY PROVISION FOR THE FIRST QUARTER OF THE FINANCIAL YEAR 1987-88 WAS TABLED BY THE FINANCIAL SECRETARY, THE HON PIERS JACOBS, IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).

MR JACOBS SAID: "SUPPLEMENTARY PROVISION OF $78.6 MILLION WAS APPROVED. IT WAS FULLY OFFSET EITHER BY SAVINGS UNDER THE SAME HEAD OR OTHER HEADS OF EXPENDITURE OR BY THE DELETION OF FUNDS UNDER THE ADDITIONAL COMMITMENTS VOTES.

"APPROVED NON-RECURRENT

COMMITMENTS WERE INCREASED BY $828.2 MILLION DURING THE PERIOD, AND NEW NON-RECURRENT COMMITMENTS OF $191.5 MILLION WERE ALSO APPROVED.

HE ADDED THAT ITEMS IN THE SUMMARY HAD BEEN APPROVED EITHER BY THE FINANCE COMMITTEE OR UNDER DELEGATED AUTHORITY. THE LATTER HAD BEEN REPORTED TO THE FINANCE COMMITTEE IN ACCORDANCE WITH SECTION

8 (8) (A)OF THE PUBLIC FINANCE ORDINANCE.

FOUR BILLS PASSED

FOUR BILLS WERE PASSED INTO LAW IN THE LEGISLATIVE TODAY (WEDNESDAY).

THE 1987,

COUNCIL

BANKING

THEY ARE THE EXCHANGES (SPECIAL LEVY) BILL (AMENDMENT) BILL 1987, THE PNEUMOCONIOSIS (COMPENSATION) (AMENDMENT)

BILL 1987 AND THE ROAD TRAFFIC (AMENDMENT)(NO. 2) BILL 1987.

AND PROPERTY

THE

MEANWHILE, THE FISHERIES PROTECTION (AMENDMENT) BILL 1987,

(AMENDMENT) BILL 1987 AND THE LAND 1987 WERE INTRODUCED FOR FIRST AND SECOND READINGS. DEBATE ON THE BILLS WAS ADJOURNED.

CONVEYANCING DEVELOPMENT CORPORATION

BILL

I

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