TNAG-1415-FCO40-1896-Public-finance-in-Hong-Kong-1985 — Page 314

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Ord. No. 3/83

PUBLIC FINANCE

Consequential amendment of the

Audit Ordinance. (Cap. 122.)

(a) relate to the first financial year in respect of which this Ordinance comes into

operation; and

(b) could have been laid under section 5,

shall be deemed to have been laid under that section.

(2) Any resolution of the Legislative Council authorizing expenditure for the services of the Government in advance of an Appropriation Ordinance, which—

(a) relates to the first financial year in respect of which this Ordinance comes

into operation;

(b) is, immediately prior to the commencement of this Ordinance, not spent;

and

(c) could have been made under section 7,

shall be deemed to have been made under that section.

(3) Nothing in this Ordinance shall affect any investigation, administrative or legal proceeding or remedy in respect of a surcharge imposed prior to the commence- ment of this Ordinance and any such investigation, administrative or legal proceeding may be instituted, continued and enforced as if this Ordinance had not been passed.

43. Section 2 of the Audit Ordinance is amended, in the definition of “public moneys", by deleting paragraph (a) and substituting the following---

"(a) the general revenue;”.

FIRST SCHEDULE

[s. 29.]

Development Loan Fund Lotteries Fund

Home Ownership Fund

Student Loan Fund

Mass Transit Fund

FUNDS

Capital Works Reserve Fund

SECOND SCHEDULE

[s. 30.]

SPECIAL SUSPENSE ACCOUNTS

Colonial Treasurer Incorporated Suspense Account

Special Coin Suspense Account

Passed by the Hong Kong Legislative Council this 19th day of January 1983.

Jennie CHOK,

Clerk to the Legislative Council.

This printed impression has been carefully compared by me with the bill, and is found by me to be a true and correctly printed copy of the said bill.

Jennie CHOK,

Clerk to the Legislative Council.