Cap. 483 sub. leg. I

Resolution of the Legislative Council (Format changes—E.R. 1 of 2017) Resolution made and passed by the Legislative Council under section 23(6) of the Airport Authority Ordinance (Cap. 483) on 16 June 2004. Resolved that—(a) the authorized share capital of the Airport Authority referred to in section 23(1) of the Airport Authority Ordinance (Cap. 483) be reduced by an amount of $6,000 million to $30,648 million;(b) the Airport Authority shall distribute to the Government in cash an amount of $6,000 million, such amount in the hands of the Government to be credited to the Capital Investment Fund established by resolution made and passed by the Legislative Council on 14 March 1990 under section 29 of the Public Finance Ordinance (Cap. 2); and(c) with effect from the date of receipt by the Government of the distribution referred to in paragraph (b), shares previously issued at par by the Airport Authority in accordance with section 23(3)(a) of the Airport Authority Ordinance (Cap. 483) and representing at the time of such issue a value of $6,000 million in total be cancelled.