HKLII Hong Kong Regulations

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SEWAGE SERVICES TRADING FUND - LONG TITLE

Empowering section

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)
        ___________________________________________________________________________
        ______ Note:

* For closure of the Sewage Services Trading Fund, please see the relevant
Resolution of the Provisional Legislative Council (Cap 430 sub. leg. I).



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