Contents of Section

Chapter:

113 PDFTitle:HOSPITAL AUTHORITY ORDINANCEGazette Number:L.N. 130 of 2007
Section:9Heading:Investment of surplus fundsVersion Date:01/07/2007

Remarks:

    For the saving and transitional provisions relating to the amendments made by the Resolution of the Legislative Council (L.N. 130 of 2007), see paragraph (12) of that Resolution.

(1) Subject to subsection (2), the Authority may invest money that is not immediately required.
(2) The Authority shall not invest money pursuant to subsection (1) except in such forms of investment as the Secretary for Food and Health approves. (Amended L.N. 106 of 2002; L.N. 130 of 2007)
(Enacted 1990)