Hong Kong Ordinances

TRADING FUNDS ORDINANCE - SECT 10

Surplus funds

(1) If, after having regard to estimated future requirements of the operation
of the government service undertaken by a trading fund, the Financial
Secretary is satisfied that any surpluses in the nature of distributable
profits disclosed in the certified statements are in excess of the reasonable
requirements for the provision of the service including the repayment of
loans, the Financial Secretary may direct that the surpluses or a part of the
surpluses be transferred into the general revenue.

(2) If fees authorized by an Ordinance are structured so as to recover more
than the cost of the provision of a government service, including a reasonable
return as set out in section 6(6)(c), the Financial Secretary may direct that
the whole or part of the fees as determined by the Financial Secretary to be
more than the cost of the provision of the service, including a reasonable
return as set out in section 6(6)(c), shall, after collection, be paid from
the trading fund into the general revenue. (Enacted 1993)