| To provide for the establishment of the Hong Kong Trade Development Council, to define its powers and functions and to provide for matters connected therewith or incidental thereto. [30 September 1966] (Originally 28 of 1966) Cap 1114 s 1 Short title PART I PRELIMINARY This Ordinance may be cited as the Hong Kong Trade Development Council Ordinance. Cap 1114 s 2 Interpretation In this Ordinance, unless the context otherwise requires- "Chairman" (主席) means the Chairman of the Hong Kong Trade Development Council appointed under section 11(1)(a) or, during the absence from Hong Kong or incapacity of the Chairman so appointed, the person (if any) appointed under subsection (6) of that section to act as Chairman or, if no person has been appointed to act as Chairman, the vice-chairman appointed under section 12; "committee of the Council" (发展局委员会) means a committee appointed by the Council under section 5(1)(f); "Council" (发展局) means the Hong Kong Trade Development Council established by section 3; "Executive Director" (总裁) means the executive director of the Council appointed under section 5(1)(e); "financial year" (财政年度) means the period commencing on the 1 April each year and ending on 31 March in the year following except that the period from the establishment of the Council to 31 March next thereafter shall be deemed to be a financial year. Cap 1114 s 3 Establishment and incorporation of the Hong Kong Trade Development Council PART II THE HONG KONG TRADE DEVELOPMENT COUNCIL There is hereby established a council to be called the Hong Kong Trade Development Council which shall, in that name, be a body corporate with perpetual succession and shall be capable of suing and being sued, and subject to this Ordinance of doing and suffering all such other acts and things as bodies corporate may lawfully do and suffer. Cap 1114 s 4 Functions of the Council Remarks: Adaptation amendments retroactively made - see 66 of 2000 s. 3 The functions of the Council shall be- (a) to promote, assist and develop Hong Kong's trade with places outside Hong Kong, with particular reference to exports; and (Amended 66 of 2000 s. 3) (b) to make such recommendations to the Government as it sees fit in relation to any measures which it considers would achieve an increase in Hong Kong's trade. Cap 1114 s 5 General powers of the Council Remarks: Adaptation amendments retroactively made - see 66 of 2000 s. 3 (1) Subject to section 8, the Council may do all such things as are calculated to facilitate, or as are incidental or conducive to, the better carrying out of its functions and to such end may in particular, but without prejudice to the generality of the foregoing- (a) acquire, take on lease, purchase, hold and enjoy any property and sell, let or otherwise dispose of the same; (b) establish and maintain offices both in and outside Hong Kong; (Amended 66 of 2000 s. 3) (c) enter into any contract; (d) publish periodicals, booklets and other written material, and produce or sponsor the production of documentary films and other audio-visual material, and distribute the same by sale or by loan, hire or otherwise with or without charge as the Council thinks fit; (e) from time to time and subject to Part V, appoint an Executive Director to be the chief administrative officer of the Council and such other officers, servants and agents, both in and outside Hong Kong, as it considers necessary to secure the efficient discharge of its functions; and may employ any professional person, in or outside Hong Kong, to advise the Council on any point arising out of or in connection with any of the functions or powers of the Council; (Amended 66 of 2000 s. 3) (f) appoint a committee for any such general or special purpose as in the opinion of the Council would be better regulated and managed by means of a committee; (g) borrow or otherwise raise money on such security as may be necessary, and, for that purpose, charge all or any part of the property of the Council, but without the prior approval of the Financial Secretary no sum shall be borrowed or otherwise raised under this paragraph which itself or together with all other sums previously borrowed or otherwise raised under this paragraph and still outstanding exceeds or in the aggregate exceed 10 per cent of the total estimated expenditure approved under section 22 for the current financial year including the unallocated balances and surpluses (if any) shown in the estimates for the same year; and (h) charge for the use of any facility or service provided by the Council.(2) (a) The number of members of a committee of the Council and their term of office shall be fixed by the Council. (b) A committee of the Council may include persons who are not members of the Council. (c) The Council may make rules respecting the quorum, proceedings and place of meeting of any committee of the Council. Cap 1114 s 5A Chief Executive in Council may give directions |
