and 8 Nominated Unofficials Members. The Governor is required
to consult the Executive Council save where matters are
unimportant or too urgent. He may act contrary to the advice
given by the Council but any such cases must be reported fully
to the Secretary of State.
The
The Legislative Council consists of 4 ex-Officio, 8
Official and 13 Unofficial Members (all nominated).
Governor, as President of the Council, has an original and
a casting vote.
The power to legislate rests with the Governor
"by and with the advice and consent of the Legislative
Council".
The Crown however reserves the power of disallowance
and the power to legislate by Order in Council for the peace,
order and good government of the Colony.
Economic Structure
Hong Kong is firmly established as a light industrial
economy based on exports. It retains a very considerable
entrepot trade serving South East Asia and the Far East.
Domestic exports in 1969 were £723 m. and re-exports
£184 m. Imports were £1044 m.
42% of all exports in 1969 went to the USA and 14% to
the United Kingdom.
National Income
Approximately £247 per annum per person (1968)
Public Finance
Estimated Revenue 1970-71
£177 million
Estimated Expenditure
£164
#
External Aid
British Development aid
British Technical assistance
£35,000
(mainly training in the U.K.)
/British...
No comments yet.
Private notes are available after approval.