TNAG-2278-FCO40-3278-Future-of-Hong-Kong-Radio-Television-Hong-Kong-Board-of-Gove-1991 — Page 15

27.

sources of the Corporation

(1) The resources of the Corporation shall consist of -

(2)

(a)

(b)

all moneys appropriated by the Legislative Council

for the purposes of the Corporation;

all payments received by the Corporation for

programmes and for other services provided by the

Corporation;

(c) all moneys due to but not yet paid to the Corporation;

(d)

(e)

all income earned by but not yet received by the

Corporation;

all sponsorships of which the Corporation is the

beneficiary;

(f) all its interest, whether in the form of shares or

dividends or otherwise, in its wholly owned

(g)

subsidiaries;

all other money and property lawfully received by the

Corporation or to which it is entitled, including

donations, rent, interest and accumulations of income

and capital.

In subsection (1) (g) "property" () includes property

which is subject to the terms of any trust.

28.

Development Fund

(1) The Corporation may establish out of the resources of the

Corporation a Development Fund which may be applied, subject to any

rules made under section 34, by the Corporation for such purposes

not inconsistent with the objects of the Corporation, as the Board

thinks fit.