The Finance Division noted that delegation of financial powers was first introduced through operating budget-related orders in 1983 and 1985. Subsequently, broader financial powers were delegated in 1994, followed by revised orders in 2000 and 2004. It has been clarified that officials who have already been granted special financial powers through separate government orders will continue to exercise those powers. In cases requiring Finance Division concurrence, sanctions must be endorsed by the relevant wing of the Finance Division before being forwarded. The Finance Division stated that the order will take immediate effect from the date of issuance and remain in force until further notice.
