SEWAGE SERVICES TRADING FUND
- CHAPTER 430C

SEWAGE SERVICES TRADING FUND - LONG TITLE  
Empowering section VerDate:30/06/1997



SEWAGE SERVICES TRADING FUND*

RESOLUTION OF THE LEGISLATIVE COUNCIL
(L.N. 155 of 1994)

Resolution made and passed by the Legislative Council under sections 3, 4 
and 6 of the Trading Funds Ordinance (Cap 430) on 9 March 1994.

RESOLVED that with effect from 11 March 1994-

        (a)	on the recommendation of the Financial Secretary, the Sewage 
Services Trading Fund ("the trading fund") shall be established to manage 
and account for the operation of the government service of sewage services;

        (b)	the services to be provided under the trading fund shall be 
those specified in Schedule 1;

        (c)	the assets set out in Schedule 2 shall be appropriated to the 
trading fund;

        (d)	unless otherwise provided in a subsequent resolution in respect 
of the trading fund, the net value of the assets appropriated to the 
trading fund shall be shown in the Capital Investment Fund as a 
contribution of trading fund capital.
(Enacted 1994)
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Note:
*	For closure of the Sewage Services Trading Fund, please see the 
relevant Resolution of the Provisional Legislative Council (Cap 430 sub. 
leg. I).



SEWAGE SERVICES TRADING FUND - SCHEDULE 1
SERVICES TO BE PROVIDED BY THE TRADING FUND VerDate:30/06/1997



[paragraph (b)]

1.	During the period from 11 March 1994 until  the  date of the 
introduction of a scheme of charging for sewage services, design and 
construction of the following capital projects forming part of the "High 
Priority Programme of the Sewage Strategy"-

        (a)	Strategic Sewage Disposal Scheme Stage I;

        (b)	Tsuen Wan/Kwai Tsing Sewerage Master Plan;

        (c)	Northwest Kowloon Sewerage Master Plan;

        (d)	North and South Kwoloon Sewerage Master Plan;

        (e)	East Kowloon Sewerage Master Plan;

        (f)	Chai Wan and Shau Kei Wan Sewerage Master Plan;

        (g)	Tseung Kwan O Sewerage Master Plan.

2.	On and after the date of the introduction of a scheme of 
charging for sewage services-

        (a)	design and construction of capital projects of the "High 
Priority Programme of the Sewage Strategy" and other sewage services 
projects;

        (b)	maintenance and operation of public sewerage systems and sewage 
disposal facilities;

        (c)	billing and collection of charges for sewage services levied in 
accordance with an Ordinance.
(Enacted 1994)



SEWAGE SERVICES TRADING FUND - SCHEDULE 2
ASSETS VerDate:30/06/1997



[paragraph (c)]

$6.8 billion in cash.
(Enacted 1994)