TNAG-0316-FCO40-352-Reform-of-local-government-of-Hong-Kong-1971 — Page 150

CONFIDENTIAL

(2)

14-

The amount of supplement allowed would depend

on the original provision in the subhead, as follows :

Original

Provision

in subhead

(i) Up to $50,000

supplement not to exceed

30% or $5,000 whichever

is the greater;

(ii) $50,000 - $150,000 - supplement not to

exceed 20% or $15,000

whichever is the

greater;

(iii) $150,000 - $500,000 - supplement not to

exceed 15% or $30,000

whichever is the

greater;

(iv) $500,000 and over -

maximun supplement

of $75,000.

(NOTE:

This is identical with the authority delegated

to the Financial Secretary vis-a-vis Government

Estimates).

(b) authority to transfer funds between subheads within

a functional head.

(c) authority to transfer funds from one item to another,

within any one subhead...

(d) authority to transfer funds between subheads in

different functional heads up to 10% of the subhead receiving the transfer.

Major items of equipment. (i.e. "Other charges: Special Expenditure" in the Government Estimates) -

:

(a) authority to supplement the provision for any

iten by up to $75,000, as in (1)(a) above. (b) authority to provide funds for itens included in

the previous budget but not paid for during the currency of that budget, to the amount of the lapsed provision.

-

NOTE: The intention is that the lower limit for including

items under this subhead (rather than under stores and equipment in "Other Charges Annually Recurrent) should be $5000 instead of the $2000 limit in force

in Government.

CONFIDENTIAL

/(3)

....

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