RESOLUTION OF THE LEGISLATIVE COUNCIL - CHAPTER 61C RESOLUTION OF THE LEGISLATIVE COUNCIL - LONG TITLE Empowering section VerDate:21/05/2004 Resolution made and passed by the Legislative Council under section 3(1) of the Loans Ordinance (Cap 61) on 19 May 2004. (L.N. 102 of 2004) RESOLUTION OF THE LEGISLATIVE COUNCIL - PARAGRAPH VerDate:21/05/2004 RESOLVED, in the 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 $20 billion or equivalent.