The Land Registry 2006/07 Annual Report

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Financial Management

Financial Objectives

In accordance with the general provisions of the Trading Funds Ordinance, the Land Registry pursues clearly defined financial objectives. These include:
  • meeting expenses incurred in the provision of services to the public and government departments out of the income of the trading fund, taking one year with another; and

  • achieving a reasonable return, as determined by the Financial Secretary, on the average net fixed assets (ANFA) employed.

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