Hong Kong Regulations
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RESOLUTION OF THE LEGISLATIVE COUNCIL - PARAGRAPH
RESOLVED, in exercise of the powers conferred by section 3(1) of the Loans
Ordinance, that the Government be authorized to borrow, for the purposes of
the Capital Works Reserve Fund established by resolutions passed under
section 29 of the Public Finance Ordinance ( Cap 2), a sum or sums not
exceeding in total $6000000000 or equivalent by way of securitizing Government
revenue receivable from the tolls on any or all of the bridges and tunnels
specified in the Schedule and such other Government revenue receivable from
any or all of those bridges and tunnels as specified by the Financial
Secretary.
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