【法规名称】
【法规编号】 41983 什么是编号？
【正 文】
第2页 CAP 1091 HONG KONG TRAMWAYS EDUCATIONAL TRUST FUND ORDINANCE
|
[接上页] Cap 1091 s 7 Trusts The Trustee shall apply the Fund including the capital and the income thereof in such manner as the Committee may direct for the promotion and encouragement of education and, in particular, for the education of such children of employees of the Founders as the Committee shall consider to be worthy of receiving the benefits of this trust, having regard to the intelligence, character and conduct of such children (as may appear to the Committee by observation, report or otherwise) and to the character and length and quality of service of their fathers and mothers as employees of the Founders. Cap 1091 s 8 Intervals and terms and conditions of awards Scholarships, maintenance grants and payments to cover text books and for such other purposes including the award of prizes directly or indirectly connected with the primary purposes of the trusts as set out in section 7 as the Committee shall deem appropriate shall be awarded at such intervals, and shall be held and enjoyed for such period, and subject to such terms and conditions, as shall from time to time be prescribed by regulations made by the Committee, and in default of such regulations then as the Committee shall determine, whether retrospectively or not; and the Committee may at any time alter or revoke regulations made under this section and make new regulations in place thereof. Cap 1091 s 9 Investments The Trustee may invest the Fund and keep the same invested whether or not any such investment is permitted for the investment of trust funds, as the Committee may direct, and in like manner such investments may at any time be varied. Cap 1091 s 10 Accounts and audit (1) The Trustee shall cause proper accounts to be kept of all income and expenditure of the Fund and such accounts shall be audited at least once in every year by an auditor or auditors appointed from time to time by the Board of Directors of the Founders. (2) A copy of such accounts together with a copy of a report by the Committee upon the administration of the Fund during the previous academic year shall be submitted by the Committee to the Board of Directors of the Founders not later than 31 December in every year. (3) The Committee may frame standing orders for the publication of such accounts and report in such manner as the Committee shall think fit and may alter, revoke or replace such standing orders from time to time. Cap 1091 s 11 Servants and advisers (1) The Committee may appoint upon such salary and upon such terms as it may think proper such servants as it may think necessary for the purpose of carrying out the provisions of this Ordinance and may employ any professional persons to advise it on any matter arising out of or in connection with such provisions. (2) All salaries and fees of any persons so appointed or employed shall be paid by the Trustee out of the Fund. Cap 1091 s 12 Costs of administration The costs of administering the Fund shall be paid out of the Fund. Cap 1091 s 13 Fund to form part of Grantham Scholarships Fund in certain events In the event either of the Founders going into liquidation or of the Founders ceasing to be direct employers of employees in Hong Kong, the Fund shall form part of and shall be deemed to have been given to the Grantham Scholarships Fund established by the Grantham Scholarships Fund Ordinance (Cap 1076), freed from all trusts subsisting in respect thereof at the time of such event, and thereafter the provisions of this Ordinance shall cease to be applicable to the Fund. Cap 1091 s 14 Saving Remarks: Adaptation amendments retroactively made - see 55 of 2000 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 55 of 2000 s. 3) |
- 此法规有错误，我来纠正。请点击在此 提交错误内容或者您纠正的内容！