TNAG-1735-FCO40-2448-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1988 — Page 139

Papers

HONG KONG LEGISLATIVE COUNCIL - 18 May 1988

1401

The following papers were laid on the table pursuant to Standing Order 14(2):

Subject

L.N. No.

Subsidiary Legislation:

Pneumoconiosis (Compensation) Ordinance

Pneumoconiosis (Compensation) (Computation of Earnings) (Amendment) Regulations 1988

142/88

Registration of Persons Ordinance

Registration of Persons (Invalidation of Old Identity Cards) Order 1988

145/88

Sessional Papers 1987-88:

No. 60 Report of changes to the approved Estimates of Ex- penditure approved during the third quarter of 1987-88 Public Finance Ordinance: section 8

No. 61-Supplementary provisions approved by the Urban Council during the fourth quarter of the financial year 1987-88

Address by Member presenting paper

Report of changes to the approved estimates of expenditure approved during the third quarter of 1987-88 Public Finance Ordinance: section 8

FINANCIAL SECRETARY: Sir, in accordance with section 8(8)(b) of the Public Finance Ordinance, I now table for Members' information a summary of all changes made to the approved estimates of expenditure for the third quarter of the financial year 1987-88.

Supplementary provision of $549.9 million was approved, of which $231.7 million was offset either by savings under the same or other heads of expendi- ture or by deletion of funds under the additional commitments subheads. The balance of $318.2 million, being net supplementary provision, was approved for the early repayment in full of the four outstanding Asian Development Bank loans.

Approved non-recurrent commitments were increased by $325.6 million during the period, and new non-recurrent commitments of $810.6 million were also approved.

In the same period, a net increase of 1 623 posts was approved.