CAP. 317]
[s. 7 cont.]
Second Schedule.
(Cap. 154).
(1 of 1870).
Election of directors.
Tung Wah Hospital.
taining or therewith usually held, occupied or enjoyed, are hereby transferred to and vested in the corporation, for the unexpired residues of the terms granted, and subject to the payment of the rents, or the due proportion of the rents as the case may be, and the performance of the covenants and conditions reserved by and contained in the respective Crown leases of the said pieces or parcels of ground, so far as the same relate to the said pieces or parcels of ground, and subject also to the said respective rights or equities of redemption, and subject also to any trusts affecting any of the said pieces or parcels of ground.
(4) The pieces or parcels of ground specified by their respective Land Office register references in the Second Schedule, and all things and rights referred to in subsection (2) which immediately before the 12th day of December, 1930, were vested in the Tung Wah Hospital for the purposes of the Man Mo Temple Ordinance, shall be held and dealt with by the corporation in accordance with the provisions of the said Ordinance and in accordance with the powers, rights and obligations conferred or imposed by the said Ordinance upon the Tung Wah Hospital or upon the directors of the Tung Wah Hospital.
(5) In this section the "Tung Wah Hospital" means the body corporate created by virtue of the provisions of the Tung Wah Hospital Incorporation Ordinance, 1870.
8. (1) The number of directors shall be not less than ten and not more than twenty.
(2) At least three of the directors shall be residents of Kowloon or New Kowloon.
(3) The directors shall be elected annually, and the annual election of the directors for any one year shall if possible be completed in or before the month of December in the previous year.
(4) The directors elected for any one year shall simultaneously cease to be directors at the end of the 31st day of December in that year, except as regards any director who has by reason of death or resignation ceased to be a director.
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