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To establish a corporation, to be known as The Community Chest of Hong Kong, and to make provision for its constitution and powers and for matters connected with the purposes aforesaid. [8 November 1968] (Originally 45 of 1968) Cap 1122 s 1 Short title PART I SHORT TITLE AND INTERPRETATION This Ordinance may be cited as the Community Chest of Hong Kong Ordinance. Cap 1122 s 2 Interpretation In this Ordinance, unless the context otherwise requires- "annual general meeting" (周年大会) means the annual general meeting of the members of the corporation held pursuant to the constitution; "board" (董事会) means the board of directors of the corporation; "committee" (委员会) means any committee of the corporation established by or under the constitution; "constitution" (章程) means the constitution of the corporation; "corporation" (法团) means the corporation established by section 3; "executive director" (总裁) means the executive director of the corporation; "member agency" (会员机构) means any agency engaged in social welfare work which is a member agency of the corporation in accordance with the constitution; "president" (会长) means the president of the corporation; "vice-president" (副会长) means a vice-president of the corporation. Cap 1122 s 3 Establishment of corporation PART II ESTABLISHMENT OF CORPORATION There is hereby established a corporation to be called "The Community Chest of Hong Kong (香港公益金)". Cap 1122 s 4 Common seal The corporation shall have a common seal, and the fixing of the seal shall be authenticated by the signatures of the president or a vice-president and of the executive director. Cap 1122 s 5 Certain contracts and instruments not required to be under seal Any contract or instrument which, if entered into or executed by a person not being a corporation would not be required to be under seal, may be entered into or executed on behalf of the corporation by any person generally or specially authorized for the purpose by the board. Cap 1122 s 6 Membership of corporation PART III MEMBERSHIP OF CORPORATION The corporation shall have such members as are provided for by the constitution. Cap 1122 s 7 Objects of corporation PART IV OBJECTS AND POWERS OF CORPORATION The objects of the corporation shall be- (a) to raise funds through a community-wide appeal and to distribute them to member agencies from time to time according to the resolutions of the board; (b) to raise such funds as may be necessary for its efficient management; and (c) to disseminate the idea of a community chest. Cap 1122 s 8 Powers of corporation The corporation shall have full power- (a) to manage, administer and operate The Community Chest of Hong Kong; (b) to acquire, accept leases of, purchase, take or otherwise hold and enjoy any land, buildings, messuages or tenements of what nature or kind soever and wheresoever situate; (Amended 74 of 1974 s. 3) (c) to acquire, by purchase or otherwise, goods and chattels of any kind or description; (d) to invest moneys on deposit in any bank in Hong Kong or elsewhere or any deposit-taking company or restricted licence bank within the meaning of section 2 of the Banking Ordinance (Cap 155) or in any Hong Kong or other government bonds or on mortgage of any land, buildings, messuages or tenements in Hong Kong, or in or on debentures, debenture-stocks, stocks, funds, shares or securities of any corporation or company carrying on business in Hong Kong or elsewhere; (Amended 82 of 1970 s. 2; 38 of 1986 ss. 2 & 3; 49 of 1995 s. 53) (e) to grant, sell, convey, assign, surrender, yield up, mortgage, demise, let, reassign, transfer or otherwise dispose of, any land, buildings, messuages, tenements, mortgages, debentures, debenture-stocks, funds, securities, vessels, goods and chattels for the time being vested in the corporation, upon such terms as the corporation may deem fit; (ea) to act, either alone or jointly with any person, as a trustee of any trust which is established for charitable purposes in Hong Kong; (Added 82 of 1970 s. 2) (eb) to accept any money or property of any description upon terms that it be held under any trust for the benefit of member agencies and to execute any deed establishing any such trust, which may include provisions for the appointment and remuneration of any of the trustees thereof; (Added 82 of 1970 s. 2) (f) to erect any buildings, messuages or tenements and effect any improvement thereto; (g) to borrow money upon such terms as the corporation shall think fit, and to raise money by public or private subscriptions; (h) generally to do such other things as may appear to be incidental or conducive to the aims and objects of the corporation as provided by its constitution for the time being or for carrying into effect the provisions of this Ordinance. Cap 1122 s 8A Corporation a charity For the avoidance of doubt, the corporation is hereby declared to be a charity. (Added 82 of 1970 s. 3) |