Page 28 - L4.3_MSB (III)-Owners and IO (esstatehunterhk.com)_Neat

Funding

 Duties to establish funds

 General fund 常用基金 s.20(1)

 The costs of the exercise of IO’s powers and duties

 Pay outgoings (incl. maintenance 保養 and repair work 修茸)

 Contingency fund 備用基金 s.20(2)

 For unexpected or urgent expenditure

 To meet the payments to the items of sub-section (1) if the general

fund is insufficient to meet them

28
Total: 58