Hong Kong Ordinances

EMPLOYEES RETRAINING ORDINANCE - SECT 5

General powers of the Board

(1) The Board may do such things as are expedient for or conducive to the
attainment of its functions or which, in the opinion of the Board, are
necessary to facilitate the proper carrying out of the functions of the Board.

(2) Without restricting the generality of subsection (1) the Board may-

   (a)  hold, acquire or take on lease movable and immovable property and
        sell, let or otherwise dispose of or deal with such property;

   (b)  appoint such employees as it may determine on such terms and
        conditions of service as the Board thinks fit including the payment of
        allowances, benefits, gratuities, pensions and remuneration;

   (c)  make or provide ex gratia payments in respect of any employee of the
        Board or to the personal representative of a deceased employee of the
        Board;

   (d)  engage the services of such technical and professional advisers as the
        Board thinks fit including the determination of all matters relating
        to their remuneration and terms and conditions of engagement;

   (e)  subject to section 8, invest the moneys of the Fund in such manner and
        to such extent as it considers expedient and prudent;

   (f)  subject to the approval of the Financial Secretary, borrow moneys, in
        such manner and on such securities or terms as it considers expedient
        and prudent, for payment into the Fund;

   (g)  exercise any of its powers either alone or in association with any
        person or persons;

   (h)  publicise the Fund and the criteria for eligibility for payment of
        retraining allowances and the amounts thereof;

   (i)  publicise the availability of retraining courses and
        supplementary retraining programmes and the training bodies and
        training  providers providing or conducting such courses or
        programmes; (Replaced 102 of 1994 s. 6)

   (j)  accept gifts whether subject to any trust or not;

   (k)  accumulate any income of the Fund; and

   (l)  subject to section 10, write off debts due to the Board. (Enacted
        1992)