AGENDA FOR FINANCE COMMITTEE MEETING
TO BE HELD ON FRIDAY, 2 DECEMBER 2011, AT 3:00 P.M.

Declaration of interest :Please refer to Rules 83A and 84 of the Rules of Procedure of the Legislative Council for rules regarding pecuniary interest to be disclosed.

Item No.Subject
1.FCR(2011-12)52CAPITAL WORKS RESERVE FUND
HEAD 708 - CAPITAL SUBVENTIONS AND MAJOR SYSTEMS AND EQUIPMENT
Transport Department
New Subhead "Replacement of Tunnel Lighting System in the Aberdeen Tunnel"

(This item invites Members to approve a new commitment of $83.0 million to replace the existing tunnel lighting system in the Aberdeen Tunnel.)

(In attendance : Principal Assistant Secretary for Transport and Housing (Transport)/Principal Transport Officer (Management) of Transport Department/Chief Engineer (Project) of Electrical and Mechanical Services Department)

(Relevant paper had been circulated to Transport Panel on 1 November 2011)

2.FCR(2011-12)53HEAD 186 - TRANSPORT DEPARTMENT
Subhead 603 Plant, vehicles and equipment New Item "Replacement of Specialised Vehicles Providing Towing Services for the Tsing Ma Control Area, North Lantau Highway and Penny's Bay"

(This item invites Members to approve a new commitment of $15.120 million to replace four specialised vehicles providing towing services for the Tsing Ma Control Area, North Lantau Highway and Penny's Bay.)

(In attendance : Principal Assistant Secretary for Transport and Housing (Transport)/Principal Transport Officer (Management) of Transport Department/Chief Engineer (Airport and Vehicle Engineering) of Electrical and Mechanical Services Department)

(Relevant paper had been circulated to Transport Panel on 1 November 2011)

3.FCR(2011-12)54WRITE-OFF OF A DEBT OWED TO THE GOVERNMENT BY A CONTRACT AUCTIONEER

(This item invites Members to approve the write-off of an irrecoverable debt of $17,025,082.44 owed to the Government by an auctioneer hired by the former Government Supplies Department (now the Government Logistics Department) for disposal of unserviceable or obsolete government stores and confiscated goods.)

(In attendance : Deputy Secretary for Financial Services and the Treasury (Treasury)/Deputy Director of Government Logistics/Government Counsel)

(Discussed by Financial Affairs Panel on 7 November 2011)

4.FCR(2011-12)55HEAD 190 - UNIVERSITY GRANTS COMMITTEE
Subhead 000 Operational expenses

HEAD 156 - GOVERNMENT SECRETARIAT: EDUCATION BUREAU
Subhead 700 General non-recurrent
New Item "Injection into the Research Endowment Fund"

(This item invites Members to -

(a)accept the total recurrent grant for the University Grants Committee-funded institutions for the 2012/13 to 2014/15 triennium, estimated at $42,208.9 million; and

(b)approve a new commitment of $5 billion for injection into the Research Endowment Fund for providing research funding to the higher education sector.)

(In attendance : Under Secretary for Education/Deputy Secretary for Education/Principal Assistant Secretary for Education (Higher Education)/Secretary-General, University Grants Committee)

(Discussed by Education Panel on 14 November 2011)

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