TNAG-2278-FCO40-3278-Future-of-Hong-Kong-Radio-Television-Hong-Kong-Board-of-Gove-1991 — Page 28

(5) At any time before the expiration of 24 months begining

with the appointed day the Financial Secretary and the Corporation

may agree in writing that, as from such date, not earlier than the

appointed day, as may be specified in or determined by or under the

agreement and in such circumstances (if any) as may be so specified

(a)

there shall be transferred from the Crown to, and

vested in, the Corporation any property, rights,

privileges and liabilities specified in the

agreement; or

(b)

there shall be transferred from the Corporation to,

and vested in, the Crown any property, rights,

privileges and liabilities so specified.

(6) No agreement under subsection (5) shall have effect in

relation to rights and liabilities under a contract of employment

unless the employee concerned is a party to the agreement.

(7)

In the case of any agreement under subsection (5) the

property, rights, privileges and liabilities in question shall on

the date of the coming into force of the agreement be transferred,

and by virtue of the agreement vest, in accordance with the

agreement.

(8)

Schedule 2 shall apply to rights and liabilities vested

under subsection (1).

45. Appeal to the Governor in Council

(1)

Subject to this section, where the Corporation is

aggrieved by

(a) the issuing of a letter of admonition to it under

section 43 (1);