3
Short title
and contr
TİKETLETTERt.
Interpreta- cion.
(33 of 1952, 1958 Repriz1. and Fourth Schedule),
Vesting.
Reimburse- MCOL Schedule.
Transitional.
1. This Ordinance may be cited as the Grant Schools Building Depreciation Fund (Winding Up) Ordinance, 1962, and shall be deemed to have had effect as from the 1st day of April. 1960.
1. In this Ordinance, unless the context otherwise requires- "Director" means the Director of Education:
"fund" means the Grant Schools Building Depreciation Fund provided for by section 45 of the Education Ordinance, 1952 and the Grant Schools Building Depreciation Fund Rules, 1952.
“grant school" means a school which receives grants in accordance with the terms of the code, known as the Grant Code, under the terms of which Government gives grants in aid to certain schools.
3.
The fund is dissolved and all the assets of the fund are vested in and transferred to the general revenue of the Colony.
4. (1) Notwithstanding the provisions of section 3, the persons listed in the first column of the Schedule shall be entitled to reimburse- ment out of the general revenue of the Colony of expenditure on building works as is hereinafter provided,
(2) Such reimbursement may be made only upon production to the Director, by a person listed in the first column of the Schedule, within ten years after the date of enactment of this Ordinance, of evidence to his satisfaction that-
(a) the money in respect of which reimbursement is claimed was expended after the date of enactment of this Ordinance in building works previously approved of by him or on his behalf for the replacement of a school building described in the fourth column of the Schedule, opposite the name of such person: (b) immediately before its replacement the building which was replaced was being used, wholly or substantially, as a grant school:
(c) the new building so erected is intended to be and will be used
as a grant school as aforesaid.
(3) Such reimbursement shall not exceed the amount shown in the fifth column of the Schedule, opposite the name of the school building in respect of the replacement of which reimbursement is claimed.
5. (0) Every sum paid out of the fund between the commence- ment of this Ordinance and the date of its enactment shall be deemed to have been paid out of the general revenue of the Colony in accord- ance with the provisions of section 4, notwithstanding that such sums are not listed in the Schedule.
(2) All dividends and interest on and other accretions accruing to the assets of the fund after the commencement of this Ordinance are vested in and transferred to the general revenue of the Colony.
6. Section 45 of the Education Ordinance, 1952 and the Grant Repaal. Schools Building Depreciation Fund Rules, 1952 are repealed.
The Chairman of Diocesan The Committee of Boys' School] the Diocesan School and Orphanage.
SCHEDULE.
[section 4.]
Registered Owner
School
Lot No.
Description of Building
Amount
K.L.L. 1988
R.P.
(0) Original
Building
(1929)
87,472.00
() New Block of
Buildings
(1952)
26,994.00
(c) New Science
Wing (1956)
9,637.00
Diocesan Girls" School
K.1.L. 1281 | (α) 1941
and
KIL. 6329
(5) New Wing (1950)
Heep Yunn School
K.I.L. 3394
(a) Main
Building (1937)
5 42,255.00
(6) Gymnasiu
(1949)
16,252.00
(c) Dining Room
(1951)
7,642.00
6,422.00
The Church Missionary Trust Association Limited.
Extension to
1913 Building $ 35,609.00
|K.1L. 6272 | (d) Junior House
St. Stephen's LL. 2440 Girls'
R.P. School
St. Paul's College
(1954)
(a) 1922 Building and 1925
Andexe
(6) Junior School
Building (1949)
(e) Addition to
Junior School (1954)
28,297.00
$ 80.027.00
26,546.00
5,706.00
LL. 7207
(d) Gymnasium
I.L. 754
R.F.
and Science Block (1958)
Wong Min Him Hall (1953)
3.486.00
6,635.00
(3) af 1952, 1958 Reprint, and Fourth Schedule).