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    Correctional Services Industries Suspense Account

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    desmondlliim

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    © All Rights Reserved
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    Correctional Services Industries Suspense Account

    Uploaded by

    desmondlliim
    2 views2 pages

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    Copyright:

    © All Rights Reserved
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    2 views2 pages

    Correctional Services Industries Suspense Account

    Uploaded by

    desmondlliim

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Correctional Services Industries Suspense Account

    2
    Cap. 2J

    Correctional Services Industries Suspense Account

    Resolution of the Legislative Council

    (Format changes—E.R. 1 of 2017)

    Resolution made and passed by the Legislative Council under section 30(1)
    of the Public Finance Ordinance on 29 January 1986.

    Resolved with effect from 1 April 1986 that—


    (1) this Council approves the establishment of a special
    suspense account to be known as the Correctional
    Services Industries Suspense Account (the Account);
    (2) the Account shall be employed for the purchase and
    holding of materials for, and the provision of goods and
    services by, the Correctional Services Industries;
    (3) the Account shall be administered by the Financial
    Secretary who may delegate his power of administration
    to other public officers;
    (4) subject to paragraph (5), the Director of Accounting
    Services and any public officer authorized in writing
    by him may pay from public moneys such sums as
    may be necessary for the purchase of materials for the
    Correctional Services Industries;
    (5) total payments made under paragraph (4) shall not
    exceed in respect of any period specified by the
    Financial Secretary, such sum as he may determine;

    Last updated date


    Verified Copy 15.2.2017
    Correctional Services Industries Suspense Account

    4
    Cap. 2J

    (6) the Account shall not at any time be in debt to an


    amount exceeding $80,000,000 or such lesser sum as the
    Financial Secretary may determine. (L.N. 271 of 1991)

    Last updated date


    Verified Copy 15.2.2017

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