Hong Kong Regulations

DISASTER RELIEF FUND - PARAGRAPH

(Past version on 30/06/1997).

Adaptation amendments retroactively made - see 68 of 1999 s. 3 Resolution made
and passed by the Legislative Council under section 29 of the
Public Finance Ordinance ( Cap 2) on 1 December 1993.

RESOLVED that, with effect from 1 December 1993, the Disaster Relief Fund is
established to provide aid in relief of disasters that occur outside Hong Kong
on the following terms-

   (a)  the Financial Secretary is the administrator of the Fund and he may
        delegate his power of administration to other public officers;

   (b)  a Disaster Relief Fund Advisory Committee shall be appointed by the
        Chief Executive to advise the Financial Secretary on disbursements
        from the Fund; (68 of 1999 s. 3)

   (c)  the Financial Secretary shall make a single grant of cash for each
        purpose advised by the Disaster Relief Fund Advisory Committee;

   (d)  the Financial Secretary shall obtain the consent of the Finance
        Committee for a grant in excess of $8 million;

   (e)  the Finance Committee may amend the limit for which the Financial
        Secretary is required to obtain their consent;

   (f)  the Financial Secretary shall credit to the Fund-

        (i)    appropriations from the general revenue approved by the
               Legislative Council for the purpose of the Fund;

        (ii)   donations received for the purpose of the Fund; and

        (iii)  other sums received for the purpose of the Fund including all
               moneys received as interest or dividends earned on moneys
               invested for the Fund;

   (g)  the Financial Secretary may expend moneys from the Fund for the
        purpose of disaster relief as may be advised by the Disaster Relief
        Fund Advisory Committee;

   (h)  the Director of Accounting Services shall, under the authority of a
        funds warrant issued by the Financial Secretary, pay from the Fund
        such sums as may be required to meet expenditure from the Fund;

   (i)  the Financial Secretary in his discretion may authorize the investment
        in the manner he may determine of any unexpended balance held in the
        Fund at any time; and

   (j)  the Financial Secretary shall not transfer any moneys from the Fund to
        the general revenue. (Enacted 1993)