Page:Competition Ordinance (Cap. 619).pdf/120

This page has been proofread, but needs to be validated.
COMPETITION ORDINANCE—SCHEDULE 5
Ord. No. 14 of 2012
A1561
(h) the power to refer any matter to a committee;
(i) the power to appoint any person to be the chairperson or a member of a committee (or to revoke any such appointment) under section 28 of this Schedule;
(j) the power to amend the terms of reference of a committee under section 28 of this Schedule;
(k) the power to discharge or reconstitute a committee under section 28 of this Schedule;
(l) the duty to submit the Commission’s estimates of income and expenditure to the Chief Executive under section 19 of this Schedule;
(m) the duty to ensure that an annual statement of accounts is prepared, under section 23 of this Schedule;
(n) the duty to prepare and issue guidelines under this Ordinance;
(o) the power to make any application to the Tribunal, under this Ordinance other than an application for an interim order under section 95 or 98;
(p) the power to appeal to the courts;
(q) the power to borrow money under section 131 with the approval of the Financial Secretary;
(r) the power to invest funds of the Commission, in a manner approved by the Financial Secretary, under section 131; or
(s) the power to authorize a person to authenticate the application of the seal of the Commission under section 35 of this Schedule.

(3) A person purporting to act under an authorization granted under subsection (1) is to be regarded, unless the contrary is proved, to have been lawfully authorized under this section.

32. Subdelegation

(1) When the Commission delegates a function under section 31 of this Schedule, it may, subject to any condition it considers appropriate, authorize the delegate to subdelegate the performance of that function, in whole or in part, to any person.

(2) A person purporting to act under an authorization granted under subsection (1) is to be regarded, unless the contrary is proved, to have been lawfully authorized under this section.