1954-HKRS30-8-44_Part01 — Page 12

CHINESE TEMPLES ORDINANCE. (Chapter 153).

CHINESE TEMPLES FUND REGULATIONS, 1954-

In exercise of the powers conferred by section 3(1)(b) of the Chinese Temples Ordinance, the Chinese Temples Committee has

made the following regulations-

1. These regulations may be cited as the Chinese Temples Citation,

Fund Regulations, 1954.

2. In these regulations-

Interpreta-

tion,

"Account" means the account "Deposits-Chinese Temples

Fund" established by regulation 5; "Chairman" means the Chairman of the Chinese Temples

Committee;

"Committee" means the Chinese Temples Committee constituted

by section 7 of the Chinese Temples Ordinance: "Fund" means the Chinese Temples Fund referred to in regula-

tion 3:

"Ordinance" means the Chinese Temples Ordinance.

3. The Chinese Temples Fund shall consist of—

(Cap. 153).

(Cap. 153),

Chinese Temples

(a) the revenues of all Chinese temples other than those Fund.

specified in the Schedule to the Odinance;

(b) any donations and voluntary contributions thereto.

4. The Fund shall be controlled by the Chairman and Control and applied in accordance with the provisions of section 8 of the application. Ordinance.

5. All moneys due to the Fund shall be paid to the Malaton- Accountant General who shall credit them to an account entitled Auce of "Deposits-Chinese Temples Fund."

Fund.

6. Moneys in the Account may, with the authority of the Investment. Committee, he invested by the Chairman in any Government securities of the Colony or in such other securities as the Com- mittee may specify. The interest or dividends received on account of investments shall be credited to the Account.

of invest-

7. The Chairman may, with the authority of the Committee, Realization realize such part of the Fund's investments as the Committee may ments. specify.