Establishment
and vesting of fund
Incorporation of the Coma- missioner as trustee.
Objects and application of the fund,
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"junior police officer" means a police officer of the Hong Kong
Police Force below the rank of inspector;
"trustee" means the Commissioner as trustee of the fund; "vesting day" means the date of commencement of this Ordinance.
3. (1) There is hereby established a trust fund to be known as the Police Children's Education Trust.
(2) The trustee shall bold the fund upon the trusts and subject to the provisions contained in this Ordinance.
(3) The fund shall consist of-
(a) the balance on the vesting day of the moneys donated by members of the public to the fund set up and opened to subscription on the 19th day of May 1967 with the object of providing assistance for the higher education of the children of junior police officers of the Hong Kong Police Force;
(b) such other assets as may have been acquired before the vesting day by the use of any moneys so donated; and (c) such further moneys and assets as may, on or after the
vesting day, be
(1) donated, subscribed or bequeathed to, and accepted by, the trustee; or
(i) otherwise acquired by the trustee.
4. (1) For the purposes of this Ordinance, the person for the time being performing the duties of the office of the Commis- sioner shall be the trustee of the fund and shall be a corporation sole (in this section called the corporation) and shall have the name "The Trustee of the Police Children's Education Trust". and in that name sball have perpetual succession and may suc and be sued in any court.
(2) The corporation shall have a common seal and the affixing of the seal shall be authenticated by the signature of the trustee.
(3) 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.
5. The trustee shall apply the fund in such manner as the committee may direct for the following objects—
(a) the provision of assistance in, and facilities for, the higher education of the children of junior police officers and for purposes ancillary thereto; and
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(b) the provision for any such children, who appear to the committee to be deserving, of opportunities for the furtherance of studies.
6.
(1) The fund shall be managed by a committee to be known as the Police Children's Education Trust Committee.
(2) The committee shall consist of—
(a) a Chairman, appointed by the Governor; (b) the Commissioner, or his representative; (c) the Director of Education, or his representative; (d) a police welfare officer, appointed by the Commissioner; (e) a representative of the junior police officers, appointed
by the Governor; and
(A) such other members, not exceeding six. as may be
appointed by the Governor.
(3) A member appointed by the Governor shall hold office for such period as may be specified in the letter of appointment and may be reappointed or removed by the Governor.
(4) The quorum necessary for the transaction of business by the committee may be fixed by standing orders made under SBC- tion 7 and unless so fixed shall be five members.
7. (1) The committee 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.
(2) A copy of every such standing order shall be furnished to the Colonial Secretary and every such order shall be subject to amendment by the Governor.
# (1) The committee may from time to time appoint. upon such salary and upon such terms as it may think proper, a secretary, a treasurer, and such other officials as it may think necessary for the purpose of carrying out the trusts and may employ any professional person to advise it on any matter aris- ing out of or in connexion with the trusts.
(2) All salaries and fees of any person so appointed or employed shall be paid by the trustee of the fund.
Establishment
of committee.
Standing orders
Appointment of officers and professional advisers.