【法规名称】
【法规编号】 41973 什么是编号？
【正 文】
第2页 CAP 1120 POLICE EDUCATION AND WELFARE TRUST ORDINANCE
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[接上页] Cap 1120 s 8 Appointment of officers and advisers (1) The committee may from time to time appoint, upon such salary and upon such terms as it may think proper, a secretary, a treasurer, and such other officials as it may think necessary for the purpose of carrying out the trusts and may employ any professional person to advise it on any matter arising out of or in connection with the trusts. (2) All salaries and fees of any person so appointed or employed shall be paid by the trustee out of the fund. Cap 1120 s 9 Investment of moneys Remarks: Adapation amendments retroactively made - see 76 of 1999 s. 3 (1) The trustee may invest any moneys of the fund in such investments, whether or not such investments are trust investments, as the committee may advise, subject, in the case of investments which are not trust investments, to the prior approval of the Investment Advisory Board. (Amended L.N. 16 of 1977; L.N. 453 of 1993) (2) The Chief Executive shall, for the purposes of subsection (1), appoint an Investment Advisory Board, which shall consist of not less than three nor more than five persons. (Amended 76 of 1999 s. 3) Cap 1120 s 10 Accounts Remarks: Adapation amendments retroactively made - see 76 of 1999 s. 3 (1) The trustee shall cause proper accounts to be kept of all transactions of the fund and shall cause to be prepared, in respect of the period from the vesting day to 31 March 1968, and thereafter in respect of every period of one year ending on 31 March, a statement of the accounts of the fund, which statement shall include an income and expenditure account and balance sheet and shall be signed by the trustee. (2) The accounts of the fund and the signed statement of the accounts shall be audited by an auditor appointed by the Chief Executive and the auditor shall certify the statement subject to such report, if any, as he may think fit. (3) A copy of the signed and audited statement of accounts together with the auditor's report, if any, and a report by the trustee on the administration of the fund during the period covered by the audited accounts shall be laid on the table of the Legislative Council not later than 31st day of December next following the end of such period, or so soon thereafter as the Chief Executive may allow. (Amended 73 of 1991 s. 2) (Amended 76 of 1999 s. 3) Cap 1120 s 11 Costs of administering the fund Remarks: Adapation amendments retroactively made - see 76 of 1999 s. 3 (1) The cost of the administration of the fund, other than the salaries and fees paid under subsection (2) of section 8, shall be a charge upon the general revenue of Hong Kong: Provided that the Financial Secretary may direct that an annual supervision fee to be determined by him shall be charged against the income of the fund and paid into the general revenue of Hong Kong. (Amended 76 of 1999 s. 3) (2) The fee charged under the proviso to subsection (1) shall- (a) be in respect of the period from the vesting day to 31 March 1968, and thereafter in respect of every period of one year ending on 31 March; and (b) not exceed two and a half per cent of the income of the fund over the relevant period. Cap 1120 s 12 Saving Remarks: Adapation amendments retroactively made - see 76 of 1999 s. 3 Nothing in this Ordinance shall affect or be deemed to affect the rights of the Central Authorities or the Government of the Hong Kong Special Administrative Region under the Basic Law and other laws, or the rights of any body politic or corporate or of any other persons except such as are mentioned in this Ordinance and those claiming by, from or under them. (Amended 76 of 1999 s. 3) |
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