TNAG-1363-FCO40-1809-Hong-Kong-Hansard-reports-and-minutes-of-the-meetings-of-the-1985 — Page 258

SPEECH BY THE HONOURABLE THE FINANCIAL SECRETARY IN

LEGISLATIVE COUNCIL ON WEDNESDAY, 10 JULY 1985

Sir,

In accordance with section 8 (8) (b) of the

Public Finance Ordinance, I now table for Members*

information a summary of the supplementary provision for the fourth quarter of the financial year 1984-85. Supplementary provision of just over $1.5 billion was approved. $1.1 billion of this sum arose from the 1984 civil service and subvented sector pay adjustments.

2.

I am pleased to record that there is no net increase in expenditure resulting from the supplementary provision covered by the summary. The supplementary provision under each head was offset either by savings under the same head or other heads of expenditure or by

the deletion of funds under the additional commitments

votes.

1