Hong Kong Regulations

OFFICE OF THE TELECOMMUNICATIONS AUTHORITY TRADING FUND - LONG TITLE

Empowering section

RESOLUTION OF THE LEGISLATIVE COUNCIL (L.N. 162 of 1995)

Resolution made and passed by the Legislative Council under sections 3, 4 and
6 of the Trading Funds Ordinance ( Cap 430) on 10 May 1995.

RESOLVED that with effect from 1 June 1995-

   (a)  on the recommendation of the Financial Secretary, the Office of
the Telecommunications Authority Trading Fund ("the trading fund") shall be
established to manage and account for the operation of the government service
of the Office of the Telecommunications Authority;

   (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)  the net value of the assets of $212.4 million shall be shown in the
        Capital Investment Fund as a contribution of the trading fund capital.
        (Enacted 1995)