Report No. 74 of the Director of Audit on the results of value for money audits was tabled in the Legislative Council this morning (April 29).
Value for money audit is an examination into the economy, efficiency and effectiveness with which any bureau of the Government Secretariat, department, agency or other public body has discharged its functions. Report No. 74 of the Director of Audit covers a variety of subjects on the administration of government programmes and provision of public services.
Report No. 74 comprises the following eight chapters:
| Chapter | Subject | |
| 1 | Management of funding for sports development through the Arts and Sport Development Fund (Sports Portion) |
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| 2 | Sports Federation & Olympic Committee of Hong Kong, China |
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| 3 | Employees Retraining Board |
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| 4 | Government's efforts in implementing electronic recordkeeping system |
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| 5 | Intellectual Property Department: Registration and protection of intellectual property |
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| 6 | Management of insolvency services |
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| 7 | Management of short term tenancies by the Lands Department |
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| 8 | Provision and management of Community Green Stations | |
Report No. 74 of the Director of Audit on the results of value for money audits is available on the Audit Commission's website at www.aud.gov.hk.
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