1964_CAPITAL_WORKS_RESERVE_FUND — Page 2

A 2

[Subsidiary]

CAP. 21

Capital Works Reserve Fund

[1985 Ed.

Declaration, pending deduction of the average cost of land production and sharing in accordance with paragraph 6 of Annex III to the Joint Declaration;

(ii) all moneys received by way of interest or dividends earned in respect of moneys held in the suspense account;

(d) there be credited to the works account-

(i) the amount deducted from premium income held in the suspense account that represents the average cost of land production;

(ii) the amount of premium income held in the suspense account that represents the Government's share;

(iii) all moneys received arising from works or commitments entered into for the purposes of the Fund;

(iv) unclaimed deposits in respect of moneys referred to in sub-paragraph (iii) which have been unpaid for 5 years;

(v) all moneys received by way of interest or div- idends earned in respect of moneys held in the works account;

(vi) such donations and other moneys as may be received for the purposes of the Fund;

(vii) such transfers from the reserve account as the Financial Secretary may authorize;

(e) there be credited to the reserve account such appro- priations from general revenue as may be approved by this Council;

(ƒ) all moneys received by way of interest or dividends earned in respect of moneys held in the reserve account shall form part of the general revenue;

(g) the Financial Secretary shall transfer from the

suspense account to the works account---

(i) the amount deducted from premium income held in the suspense account that represents the average cost of land production:

(ii) the amount of premium income held in the suspense account that represents the Government's share:

(h) the Financial Secretary shall pay from the suspense account to banks incorporated in Hong Kong the amount of premium income held in the suspense account that represents the future Hong Kong Special Administrative Region Government's-share:

(i) the Financial Secretary shall at the beginning of each financial year. for the purpose of sharing all moneys