【法规名称】
【法规编号】 41967 什么是编号？
【正 文】
CAP 1140 SIR EDWARD YOUDE MEMORIAL FUND ORDINANCE
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To establish a trust fund called the "Sir Edward Youde Memorial Fund" and to provide for the administration thereof and for matters connected therewith. (Enacted 1987) [1 April 1987] (Originally 12 of 1987) Cap 1140 s 1 Short title This Ordinance may be cited as the Sir Edward Youde Memorial Fund Ordinance. (Enacted 1987) Cap 1140 s 2 Interpretation In this Ordinance, unless the context otherwise requires- "Board of Trustees" (信讬委员会) means the Board of Trustees of the Sir Edward Youde Memorial Fund established under section 4; "Council" (理事会) means the Sir Edward Youde Memorial Fund Council established under section 9; "Fund" (基金) means the Sir Edward Youde Memorial Fund established under section 3. (Enacted 1987) Cap 1140 s 3 Establishment of Fund (1) There is established a fund to be known as the "Sir Edward Youde Memorial Fund". (2) The Fund shall consist of- (a) the moneys and assets donated, subscribed or bequeathed before the commencement of this Ordinance in anticipation of the establishment of the Fund together with any moneys earned therefrom; (b) such further moneys and assets as may, on or after the commencement of this Ordinance, be donated, subscribed or bequeathed to and accepted by, or otherwise acquired by the Board of Trustees for the Fund; and (c) any income of the Fund accumulated under section 7(d). (Enacted 1987) Cap 1140 s 4 Trustees Remarks: Amendments retroactively made - see 18 of 1999 s. 3 (1) There is established a body corporate with perpetual succession to be known as the "Board of Trustees of the Sir Edward Youde Memorial Fund" which may, in that name, sue and be sued. (2) The Board of Trustees shall be the trustee of the Fund. (3) The Board of Trustees shall consist of- (a) a Chairman appointed by the Chief Executive; (b) the Secretary for Home Affairs, or his representative, as ex officio member; and (Amended L.N. 262 of 1989) (c) 3 other members appointed by the Chief Executive. (Amended 18 of 1999 s. 3)(4) The first members appointed under subsection (3)(c) shall include Lady Youde, widow of Sir Edward Youde. (Enacted 1987) Cap 1140 s 5 Seal The Board of Trustees shall have a common seal, and the affixing of the seal shall- (a) be authorized or ratified by resolution of the Board of Trustees; and (b) be authenticated by the signature of any 2 members of the Board of Trustees, authorized by the Board of Trustees either generally or specially to act for that purpose. (Enacted 1987) Cap 1140 s 6 Application and purpose of the Fund The Board of Trustees shall hold the Fund upon trust to apply the income of the same in such manner, to such extent and subject to such conditions as the Council may determine for the general purpose of providing for and encouraging the education or learning of, or research by, the people of Hong Kong and, in particular, for making grants, or loans with or without interest- (Amended L.N. 235 of 1996) (a) for the furtherance of education, learning or research within or without Hong Kong; and (b) to educational institutions within Hong Kong for the furtherance of education, learning or research. (Enacted 1987) Cap 1140 s 7 Board of Trustees' powers The Board of Trustees may- (a) invest any moneys of the Fund in such investments as it thinks fit whether or not such investments are in Hong Kong or are authorized by section 4 of the Trustee Ordinance (Cap 29); (b) employ any professional person or financial institution to advise it on any matter arising out of or in connection with its functions under this Ordinance or to manage the investment of the moneys of the Fund in accordance with such general or specific directions as the Board of Trustees may give in writing from time to time; (Amended 48 of 1989 s.2) (c) borrow money in such manner, on such terms and against such security as it thinks expedient; and (d) accumulate any income of the Fund not applied under section 6 or paid under section 8 or 15. (Enacted 1987) Cap 1140 s 8 Additional payments from the Fund The Board of Trustees shall pay out of the income of the Fund- (a) all fees of any person or institution employed by it under section 7(b) and all salaries, allowances and expenses of any person employed by the Council under section 10; (Amended 30 of 1997 s. 2) (b) the reasonable travelling and accommodation expenses of any person not a resident of Hong Kong appointed to be a member of the Board of Trustees or of the Council arising out of or in connection with his attendance in Hong Kong at any meeting thereof; and (Amended 30 of 1997 s. 2) (c) all reasonable expenses incurred by the Council in exercising its function under section 9A(b). (Added 30 of 1997 s. 2) (Enacted 1987) Cap 1140 s 9 Establishment of Council Remarks: Amendments retroactively made - see 18 of 1999 s. 3 (1) There is established a Council to be known as the "Sir Edward Youde Memorial Fund Council". (Amended 30 of 1997 s. 3) (2) The Council shall consist of- |
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