1964_PNEUMOCONIOSIS_(COMPENSATION)_ORDINANCE — Page 20

HK Historical Laws 香港歷史法例 All AI Reviewed

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1986 Ed.]

Pneumoconiosis (Compensation)

[CAP. 360

(3) The Third Schedule shall have effect with respect to the Board.

26. (1) The Board shall have the following functions—

(a) to administer the Fund;

(b) to make recommendations to the Government with respect

to the rate of levy; and

to perform such other duties as are imposed on it by this Ordinance.

(2) The Board may do all such things as are necessary for, or incidental or conducive to, the better carrying out of the functions of the Board and may in particular, but without prejudice to the generality of the foregoing—

(a) hold, acquire or lease all kinds of property, whether

movable or immovable;

(b) subject to subsection (3), sell or otherwise dispose of all

kinds of property whether movable or immovable;

rescind any contract or obligation;

(d) subject to subsection (4), meet expenditure on any item shown in the approved estimates of expenditure of the Board, borrow or otherwise raise money on such security as may be necessary, and for that purpose, charge all or any of the property of the Board;

(e) make charges for the use of any facility or service provided

by the Board.

(3) The Board shall not sell or otherwise dispose of land granted at nil premium by the Government except with the prior approval of the Governor.

(4) Except with the prior approval of the Financial Secretary, no sum shall be borrowed or otherwise raised under subsection (2)(d) which itself, or together with all other sums previously borrowed or otherwise raised under that subsection and still outstanding, exceeds, or in the aggregate exceeds, 10 per cent of the approved total estimated expenditure for the current financial year.

PART VI

FINANCIAL PROVISIONS

27. (1) There is hereby established a Pneumoconiosis Com-pensation Fund which shall consist of—

(a) any moneys recovered by way of levy, surcharge, penalty

and further penalty; (Amended, 1 of 1983, s. 3)

(b) any moneys provided by the Government for the purposes

of the Fund; and

Third Schedule.

Functions and

powers of the Board.

656f81.1.7

Establishment of Pneumoconiosis Compensation Fund.

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1986 Ed.] Pneumoconiosis (Compensation) [CAP. 360 (3) The Third Schedule shall have effect with respect to the Board. 26. (1) The Board shall have the following functions— (a) to administer the Fund; (b) to make recommendations to the Government with respect to the rate of levy; and to perform such other duties as are imposed on it by this Ordinance. (2) The Board may do all such things as are necessary for, or incidental or conducive to, the better carrying out of the functions of the Board and may in particular, but without prejudice to the generality of the foregoing— (a) hold, acquire or lease all kinds of property, whether movable or immovable; (b) subject to subsection (3), sell or otherwise dispose of all kinds of property whether movable or immovable; (c) enter into, assign or accept the assignment of, and vary or rescind any contract or obligation; (d) subject to subsection (4), meet expenditure on any item shown in the approved estimates of expenditure of the Board, borrow or otherwise raise money on such security as may be necessary, and for that purpose, charge all or any of the property of the Board; (e) make charges for the use of any facility or service provided by the Board. (3) The Board shall not sell or otherwise dispose of land granted at nil premium by the Government except with the prior approval of the Governor. (4) Except with the prior approval of the Financial Secretary, no sum shall be borrowed or otherwise raised under subsection (2)(d) which itself, or together with all other sums previously borrowed or otherwise raised under that subsection and still outstanding, exceeds, or in the aggregate exceeds, 10 per cent of the approved total estimated expenditure for the current financial year. PART VI FINANCIAL PROVISIONS 27. (1) There is hereby established a Pneumoconiosis Com-pensation Fund which shall consist of— (a) any moneys recovered by way of levy, surcharge, penalty and further penalty; (Amended, 1 of 1983, s. 3) (b) any moneys provided by the Government for the purposes of the Fund; and Third Schedule. Functions and powers of the Board. 19 656f81.1.7 Establishment of Pneumoconiosis Compensation Fund.

Baseline (Original)

1986 Ed.] Pneumoconiosis (Compensation) [CAP, 360 (3) The Third Schedule shall have effect with respect to the Board. 26. (1) The Board shall have the following functions- (a) to administer the Fund; (b) to make recommendations to the Government with respect to the rate of levy; and to perform such other duties as are imposed on it by this Ordinance. (2) The Board may do all such things as are necessary for, or incidental or conducive to, the better carrying out of the functions of the Board and may in particular, but without prejudice to the generality of the foregoing- (a) hold, acquire or lease all kinds of property, whether movable or immovable; (b) subject to subsection (3), sell or otherwise dispose of all kinds of property whether movable or immovable; (c) enter into, assign or accept the assignment of, and vary or rescind any contract or obligation; (d) subject to subsection (4), meet expenditure on any item shown in the approved estimates of expenditure of the Board, borrow or otherwise raise money on such security as may be necessary, and for that purpose, charge all or any of the property of the Board; (e) make charges for the use of any facility or service provided by the Board. (3) The Board shall not sell or otherwise dispose of land granted at nil premium by the Government except with the prior approval of the Governor. (4) Except with the prior approval of the Financial Secretary, no sum shall be borrowed or otherwise raised under subsection (2)(d) which itself, or together with all other sums previously borrowed or otherwise raised under that subsection and still outstanding, exceeds, or in the aggregate exceeds, 10 per cent of the approved total estimated expenditure for the current financial year. PART VI FINANCIAL PROVISIONS 27. (1) There is hereby established a Pneumoconiosis Com- pensation Fund which shall consist of— (a) any moneys recovered by way of levy, surcharge, penalty and further penalty; (Amended, 1 of 1983, s. 3) (b) any moneys provided by the Government for the purposes of the Fund; and Third Schedule. Functions and powers of the Board. 19 656f81.1.7 Establishment of Pneumoconiosis Compensation Fund.

2026-05-05 05:47:00 · Baseline

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