Powers of Custodian Trustee.

Internal

manage-

paragraph (a) of this proviso and the Custodian Trustee shall not be under any responsibility to investigate the purpose of any such direction.

6. The Custodian Trustee shall be deemed to have all powers required to give effect to any direction made by the Corporation under section 5 of this Ordinance as though the Custodian Trustee were the absolute owner of the funds vested in the Custodian Trustee : Provided that all deeds and other instruments requiring

the seal of the Corporation shall be sealed in the presence of two members of the Board of Governors and shall be signed by two members of the Board of Governors.

7. All matters of internal management of the Corporation including any amendment of the Constitution shall be settled and amendment carried out in accordance with the Constitution. of Con-

ment and

stitution.

Vesting of 8. (1) The property and assets of whatsoever description certain properties. (excluding only furniture, fittings, Extures, hospital equipment and chattels of domestic use) hitherto vested in the Nursing Home Trustees are hereby vested in the Custodian Trustee upon the trusts declared in section to of diis Ordinance.

Discharge

(2) The furniture, fittings, fixtures, hospital equipment and chattels of domestic use hitherto belonging to the Nursing Home Trustees are hereby vested in the Corporation.

0. (1) The Trustees are hereby discharged from the trusts of Trustees of the Will and Codicil of Granville Sharp, deceased, and the Vesting of certain scheme for the administration thereof approved by the Supreme properties. Court of Hong Kong in Action No. 46 of 1904 and the property and assets of whatsoever description (excepting only furniture, fittings, fixtures, hospital equipment and chattels of domestic use) belonging to the Trustees are hereby vested in the Custodian Trustee upon the trusts declared in section to of this Ordinance.

Appoint ment of Custodian Trustoe. Declaration of Trusts.

(2) The furniture, fittings, fixtures, hospital equipment and chattels of domestic use belonging to the Trustees are hereby vested in the Corporation.

10. The Hong Kong and Shanghai Bank, Hong Kong (Trustee) Limited is hereby appointed Custodian Trustee for the Corporation and property hereinbefore vested in the Custodian Trustee shall forthwith be transferred into the name of the Hong Kong and Shanghai Bank, Hong Kong (Trustee) Limited to be

5

held by them upon the trusts declared in section 4(2) of the Public Trustee Act, 1906, of the Imperial Parliament but as though the Board of Governors were the Managing Trustees mentioned therein: Provided that the reference therein to the Trustee Act, 1893, shall be construed to refer to the Trustee Ordinance, 1934. Ordinance of this Colony and the appointment of the Custodian Trustee shall No. 18 be upon the usual terms and conditions for the time being in force including those governing the right to remuneration in accordance with the published Scale of Fees or such other scale as may be arranged between the Custodian Trustee and the Corporation.

of 1934.

11. The War Memorial Nursing Home Trustec Ordinance. Repeal. 1923, is hereby repealed.

12.

Ordinance No. 14 of 1932.

Nothing in this Ordinance shall affect or be deemed to Saving. affect the rights of His Majesty the King, His Heirs or Successors, or the rights of any body politic or corporate or of any other person except such as are mentioned in this Ordinance and those claiming by, from or under them.

SCHEDULE.

(sections 1 and 4).

Articles of Constitution.

事。 These Articles shall be cited as the Articles of Constitu- Citation.

tion of the Matilde and War Memorial Hospital.

1.

In these Articles-

Hospital;

"Hospital" means the Matilda and War Memorial

"Matilda Hospital" means the hospital erected and main- tained in pursuance of the Will and Codicil of Granville Sharp, deceased, and a scheme approved by the Supreme Court of Hong Kong (Action No. 46 of 1904) and by an order of the said Court made on the 7th March, 1923 7

"Nursing Home Trustees" and "Trustees" have the meanings respectively assigned to them in section 2 of the Ordinance;

"Ordinance" means the Matilda and War Memorial Hospital Ordinance, 1949;

Interpreta

tian.

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