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 * (b) a vacancy amongst its members;
 * (c) the absence of a member from the meeting at which the decision was taken; or
 * (d) any irregularity in the procedures adopted by the Commission that does not affect the decision taken.

PART 5 19. Commission to submit estimates

The Commission must, not later than 31 December in each financial year, submit to the Chief Executive estimates of its income and expenditure for the next financial year.

20. Financial year

The financial year of the Commission is the period—
 * (a) beginning on the day on which this Schedule comes into operation and ending on the next 31 March; and
 * (b) the period of 12 months ending on 31 March in each subsequent year.

21. Funds of Commission

The funds of the Commission consist of—
 * (a) all money paid by the Government to the Commission and appropriated for that purpose by the Legislative Council;
 * (b) all other money and property, including fees, interest and accumulations of income, received by the Commission.

22. Commission is exempt from taxation

(1) The Commission is exempt from taxation under the Inland Revenue Ordinance (Cap. 112).

(2) To avoid doubt, subsection (1) does not apply to or in relation to any remuneration, benefits or expenses paid out of the funds of the Commission to a member of the Commission.