The Ordinance
The Ordinance (Full Text)
CHAPTER 486
PERSONAL DATA (PRIVACY) ORDINANCE
SCHEDULE 2 [ss. 5(7),10&2)(c)&71]
FINANCES, ETC. OF COMMISSIONER
1. Resources of Commissioner
| (1) |
The resources of the Commissioner shall consist of-
|
||||||
| (2) | The Secretary for Financial Services and the Treasury may give directions in writing of a general or specific character to the Commissioner in relation to the amount of money which may be expended by the Commissioner in any financial year and the Commissioner shall comply with those directions. | ||||||
| (3) |
For the avoidance of doubt, it is hereby declared that any remuneration or other benefit payable to, and any expenses of-
|
2. Borrowing powers
| (1) |
Subject to subsection (2), the Commissioner may borrow by way of overdraft such money as he may require for meeting his obligations or performing his functions under this Ordinance. |
| (2) | The Secretary for Constitutional and Mainland Affairs may, after consulting with the Secretary for Financial Services and the Treasury give directions in writing of a general or specific character to the Commissioner in relation to the amount of money which may be borrowed under subsection (1) and the Commissioner shall comply with those directions. |
| (3) | The Commissioner may with the approval of the Secretary for Constitutional and Mainland Affairs given after the Secretary has consulted with the Secretary for Financial Services and the Treasury borrow, otherwise than by way of overdraft, such money as he may require for meeting his obligations or performing his functions under this Ordinance. |
| (4) | A person lending money to the Commissioner shall not be concerned to inquire whether the borrowing of the money is legal or regular or whether the money raised has been properly applied and shall not be prejudiced by any illegality or irregularity or by misapplication or non-application of the money. |
3. Investment of surplus funds
| (1) |
Subject to subsection (2), the Commissioner may invest money that is not immediately required to be expended. |
| (2) | The Commissioner shall not invest money pursuant to subsection (1) except in such forms of investment as the Secretary for Constitutional and Mainland Affairs, after consulting with the Secretary for Financial Services and the Treasury, approves. |
| (3) | Subsection (1) shall not be subject to section 10(1) of this Ordinance. |
[Image of Previous Page][Image of Table of Contents][Image of Next Page]
End of Page
[The Ordinance at a Glance] [The Ordinance (Full Text)] [Codes of Practice / Guideline] [Examples of PICS]
[About PCPD] [The
Ordinance] [PCPD Activities]
[Information Centre] [Privacy
Zone for Youngsters (Games)]
[Publications & Videos]
[Enquiries & Complaints]
[Case Notes] [Contact
Us] [Search] [Site
Directory] [Graphical Version]
[Chinese Version]
Notice/Copyright 2001 Office of the Privacy Commissioner for Personal Data, Hong Kong. All rights reserved. Disclaimer