HONG KONG LEGISLATIVE COUNCIL
5 July 1989
香港立法局
—————————一九八九年七月五日
20
The cost of the 1988 Pay Adjustment and the cash contribution under the Defence Costs Agreement had been anticipated and provision made in the 1988- 89 estimates under the "Additional Commitments" subhead.
Savings were also made in other subheads through continued tight control over public expenditure, and I would like to thank the controlling officers and others who have contributed to restraint.
Because of these savings and the provision made for additional commitments, total expenditure for the year is within the sum appropriated in the Appropriation Ordinance 1988.
Sir, I move that the debate on this motion be adjourned.
Question on the adjournment proposed, put and agreed to.
CHARITABLE TRUST FUNDS (MISCELLANEOUS AMENDMENTS) BILL 1989
THE SECRETARY FOR DISTRICT ADMINISTRATION moved the Second Reading of: "A Bill to amend certain Ordinances creating charitable trust funds."
He said: Sir, I move that the Charitable Trust Funds (Miscellaneous Amendments) Bill 1989 be read the Second time.
The purpose of the Bill is to make minor amendments to the Sir Robert Black Trust Fund Ordinance, Li Po Chun Charitable Trust Fund Ordinance, Sir Murray MacLehose Trust Fund Ordinance and Sir Edward Youde Memorial Fund Ordinance in order to improve the investment operations of the respective funds.
The first three funds were established in 1961, 1963 and 1982 for educational and leadership development purposes, for the relief of distress and for the benefit of the people of Hong Kong as directed by the Governor respectively.
The Sir Edward Youde Memorial Fund was established in 1987 for the general purpose of providing for and encouraging the education or learning of, or research by, the people of Hong Kong.
No comments yet.
Private notes are available after approval.