Chapter:	430	Title:	TRADING FUNDS ORDINANCE	Gazette Number:
Section:	3	Heading:	Establishment of trading funds	Version Date:	30/06/1997

(1) The Legislative Council may, on the recommendation of the Financial Secretary, by resolution establish a trading fund to manage and account for the operation of a government service for which the Government has the financial objective that the service shall fund itself from the income generated from the government service whether it is a service provided to the Government, to public bodies or to persons other than the Government.
(2) In considering whether to recommend the establishment of a trading fund for a government service the Financial Secretary is to have regard to the capability of the provider of the government service-

(a) to provide an efficient and effective operation that meets an appropriate standard of service; and
(b) to have the capacity, within a reasonable time, to meet expenses incurred in the provision of the government service and finance liabilities to be specified in the resolution out of the income of the proposed trading fund.