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Ord. No. 6/87
JUBILEE SPORTS CENTRE (AMENDMENT)
"This Part not to apply to
Trust Fund.
17A. This Part shall not apply to the Jubilee Sports Centre Trust Fund established by section 17C.
Interpretation.
Establishment
of trust fund.
Establishment
of Committee of Trustees.
PART VA
JUBILEE SPORTS CENTRE TRUST FUND
17B. In this Part, unless the context otherwise requires-
"Chairman of the Committee" means the Chairman of the
Committee of Trustees appointed under section 17D; "Committee of Trustees" means the Jubilee Sports Centre Trust Fund Committee of Trustees established by sec- tion 17D;
"fund" means the Jubilee Sports Centre Trust Fund es-
tablished by section 17C;
"trustee" means a member of the Committee of Trustees.
17C. (1) There is established a trust fund to be known as the Jubilee Sports Centre Trust Fund.
(2) Subject to this Part, the fund shall be administered by the Committee of Trustees.
(3) The fund shall consist of—
(a) such moneys and assets as may be donated, sub- scribed or bequeathed to, and accepted by, or otherwise acquired by the Board for the fund; and
(b) any interest, dividends and income derived from the
moneys and other assets of the fund.
17D. (1) There is established a Committee of Trustees, to be called the Jubilee Sports Centre Trust Fund Committee of Trustees.
(2) The Committee of Trustees shall be appointed by the Board and shall consist of not less than 3 or more than 5 members of whom-
(a) not less than 2 shall be members of the Board; and
(b) one shall be appointed by the Board as Chairman of
the Committee.
(3) The Board shall give notice in the Gazette of every appointment under subsection (2).
(4) Subject to subsection (2), the Board may, from time to time, by notice in writing under the hand of the Chairman of the Board, remove any trustee and appoint a new trustee.
(5) A trustee may at any time resign by giving not less than one month's notice in writing to the Board.
JUBILEE SPORTS CENTRE (AMENDMENT)
Incorporation of Committee of Trustees.
Application and object of the fund.
Standing orders.
Appointment
of officers and professional advisers.
Ord. No. 6/87
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(6) The quorum necessary for the transaction of the business of the Committee of Trustees shall be 2 trustees or such greater number as may be fixed by standing orders made under section 17G.
(7) At a meeting of the Committee of Trustees, the Chairman of the Committee or, in his absence, such other trustee as the trustees present may select shall preside.
(8) All questions arising at a meeting of the Committee of Trustees shall be decided by a majority of the votes of trustees present and, in the case of an equality of votes, the Chairman of the Committee or other trustee presiding shall have a casting vote in addition to his original vote.
17E. (1) The Committee of Trustees--
(a) shall be a body corporate (in this section called "the
corporation");
(b) shall have the name "Jubilee Sports Centre Trust
Fund Committee of Trustees";
(c) in that name shall have perpetual succession and
may sue and be sued in any court; and
(d) shall have a common seal, the affixing whereof shall
be authenticated by-
(i) the signature of the Chairman of the Com- mittee; or
(ii) the signature of a trustee authorized for that purpose by the Committee of Trustees.
(2) Any instrument purporting to be an instrument duly executed under the seal of the corporation shall be received in evidence and shall, unless the contrary is proved, be deemed to be an instrument so executed.
17F. The Committee of Trustees shall apply the fund in such manner and to such extent as the Board may advise for the object of meeting the expenses of the sports centre for a period of not less than 20 years from the commencement of this Part.
17G. The Committee of Trustees may make standing orders-
(a) governing its procedure in the transaction of
business;
(b) for the maintenance of good order at its meetings;
and
(c) generally, for matters relating to the administration and management of the fund and the discharge of the duties of the Committee of Trustees.
17H. (1) The Committee of Trustees may from time to time appoint, upon such salary (if any) and upon such terms as it may think proper, a secretary, a treasurer, and such other officials as it may think necessary and may employ any