The Consumer Council was established in April 1974 at a time of inflationary prices and widespread public concern about profiteering. Although the main financial source of the Council is in the form of an annual Government subvention, the Council enjoys total independence in formulating and implementing its own policy.

The Consumer Council Ordinance came into force on 15.7.77 to provide for the incorporation of the Consumer Council and to protect Council Members and employees from personal liability for the bona fide acts and omissions of the Council and Committees.

 

Speech of the Financial Secretary, the Hon. Philip Haddon-Cave regarding the proposal for the Consumer Council (HK Legislative Council 27.3.1974)