Legislative Council Annual Report 2017-2018

Chairman Hon CHAN Kin-por Deputy Chairman Hon Michael TIEN Puk-sun No. of members 67 (all the Members other than the President) No. of meetings held • 38 meetings 2 for scrutinizing financial proposals • 16 meetings for other business, including: • (a) FS's briefing on the Budget; • (b) special meetings for examining the • Estimates of Expenditure; and • (c) meetings to deal with procedural matters. Subcommittees under the Committee  PublicWorks Subcommittee and Establishment Subcommittee Finance Committee The Finance Committee is one of the three standing committees of the Council. It scrutinizes and approves public expenditure proposals submitted by the Financial Secretary ("FS"). Each year, upon FS's presentation of the Appropriation Bill to the Council, the President refers the Estimates of Expenditure to the Committee for examination and the Committee holds a series of special meetings for this purpose. After the Appropriation Bill has been passed, the Committee carries out the function of approving proposals to change the approved Estimates. Besides, the Committee also approves proposals from FS to expend money from certain Funds 1 established under section 29 of the Public Finance Ordinance (Cap. 2) pursuant to the Resolutions on the Funds. Hon CHAN Kin-por, Chairman of the Finance Committee. Hon Michael TIEN Puk-sun, Deputy Chairman of the Finance Committee. 1 These Funds include: Capital Works Reserve Fund, Capital Investment Fund, Loan Fund, Disaster Relief Fund, and Innovation and Technology Fund. 2 With effect from 27 October 2017, proceedings conducted on the same day for the same agenda are regarded as one singlemeeting and the duration of eachmeeting is decidedby the Chairman. Previously, meetings were held for a fixed duration of two hours andmultiple two-hour meetings were held on the same day for the same agenda. Legislative Council Annual Report 2017-2018 35