RESOLUTION ON ESTABLISHMENT OF EMSD SUSPENSE ACCOUNT PASSED
THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY) PASSED A RESOLUTION ON THE ESTABLISHMENT OF ELECTRICAL AND MECHANICAL SERVICES DEPARTMENT SUSPENSE ACCOUNT.
MOVING THE MOTION, THE FINANCIAL SECRETARY, THE HON SIR PIERS
ΤΟ JACOBS, SAID THE PURPOSE OF THE MOTION WAS
ESTABLISH A SPECIAL SUSPENSE ACCOUNT UNDER SECTION 30(1) OF THE PUBLIC FINANCE ORDINANCE FOR FINANCING A SINGLE STORE IN THE ELECTRICAL AND MECHANICAL SERVICES DEPARTMENT (EMSD).
SIR PIERS POINTED OUT THAT THE DIRECTOR OF ELECTRICAL AND MECHANICAL SERVICES WAS RESPONSIBLE FOR THE MAINTENANCE * OF AIR-CONDITIONING, ELECTRICAL AND MECHANICAL PLANT AND EQUIPMENT, ELECTRONIC EQUIPMENT AND BUILDING SERVICES INSTALLATIONS, AND FOR THE UPKEEP OF A FLEET OF ABOUT 7,000 VEHICLES FOR ALL GOVERNMENT DEPARTMENTS, THE MUNICIPAL COUNCILS AND THE HOUSING AUTHORITY,
"AT PRESENT, THE MATERIALS AND SPARE PARTS REQUIRED FOR REPAIR AND MAINTENANCE WORK IN THE WORKSHOPS ARE MAINLY DRAWN FROM TWO DIFFERENT STORES, NAMELY THE UNALLOCATED STORES OF THE GOVERNMENT SUPPLIES DEPARTMENT AND THE EMSD ALLOCATED STORES," HE SAID.
SIR PIERS ALSO SAID A REVIEW OF THE PRESENT ARRANGEMENTS HAD CONCLUDED THAT BOTH THE UNALLOCATED AND ALLOCATED STORES SHOULD BE MERGED TO FORM ONE SINGLE STORE UNDER THE CONTROL OF THE DIRECTOR OF ELECTRICAL AND MECHANICAL SERVICES.
"THIS WILL PROVIDE A SINGLE SOURCE OF FUNDING AND A SINGLE AUTHORITY FOR DETERMINING THE APPROPRIATE LEVEL OF STOCK-HOLDING.
"IT WILL ENABLE EMSD TO PROVIDE A MORE EFFICIENT MAINTENANCE SERVICE AND IN PARTICULAR, MINIMISE THE DOWNTIME OF GOVERNMENT VEHICLES," HE SAID.
SIR PIERS SAID ESTABLISHING A SPECIAL SUSPENSE ACCOUNT UNDER SECTION 30 (1) OF THE PUBLIC FINANCE ORDINANCE, WOULD SERVE THE PURPOSE OF FINANCING A SINGLE STORE, INSTEAD OF HAVING TWO SEPARATE STORES UNDER TWO DIFFERENT DEPARTMENTS AS AT PRESENT.
A
"SECTION 30(1) OF THE PUBLIC FINANCE ORDINANCE PROVIDES THAT SPECIAL SUSPENSE ACCOUNT MAY BE ESTABLISHED FOR THE PURPOSE OF ANY COMMERCIAL OR INDUSTRIAL ACTIVITY CARRIED ON BY OR ON BEHALF OF THE GOVERNMENT.
"SPECIAL SUSPENSE ACCOUNTS FOR FINANCING BEEN ESTABLISHED IN THE GOVERNMENT SUPPLIES CORRECTIONAL SERVICES INDUSTRIES,' HE ADDED.
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DEPARTMENT
STORES HAVE ALREADY THE
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