1960-HKRS28-8-27_Part02 — Page 17

(34 of 1955).

First

Schedule.

Establish- ment of Federation.

Incorpora- tion of Federation.

Objects of Federation.

2

"Federation" means the Federation of Hong Kong Industries established

by section 3;

"general committee" means the general committee established by section

341

"industrial undertaking" has the meaning assigned to it by section 2 of the Factories and Industrial Undertakings Ordinance, 1955; "member" means any member of the Federation;

"register" means the register of members kept pursuant to the provisions

of section 13:

"representative" means the representative of any member appointed in

accordance with the provisions of section 49;

"scheduled group" means any group specified in the First Schedule; “secretary" means the secretary of the Federation.

PART II

Establishment and incorporation of Federation.

3. (1) There is hereby established a federation which shall be known as the Federation of Hong Kong Industries.

(2) The Federation shall consist of such persons as are admitted to membership thereof in accordance with the provisions of this Ordinance.

4. The Federation shall be a body corporate and, in the name of the Federation of Hong Kong Industries, shall have perpetual successiva and may sue and be sued.

5.

The objects of the Federation shall be-

(a) to promote and foster the interests of the manufacturing in- dustries of the Colony and to provide a united voice for thos industries both in the Colony and elsewhere;

(b) to provide technical and other services to or for the benefi

of its members;

(c) to promote, in other territories, knowledge of and respect for the Colony's industries and to sponsor and assist in the organization of trade fairs and trade missions;

(d) to promote such activities as are designed to improve and develop the Colony's industries and to encourage the efficient use of their resources;

(e) to advise the Government on any matter which affects the

Colony's industries; and

() to advance and encourage education, including such liaison with universities, technical colleges and schools, and profes- sional institutions or organizations, as may lead to a higher calibre of managerial and supervisory staff.

6.

The Federation may-

(a) acquire, take on lease, purchase, hold and enjoy bay property.

and sell, lct or otherwise dispose of the same;

(b) enter into any contract;

(c) invest any surplus fonds in such securities, or otherwise in such manner, as it may think fit, and realize the same at such times as it may consider necessary;

(d) borrow or otherwise raise money on such security as may be nccessary, and, for that purpose, charge all or any part of the property of the Federation;

(e) issue certificates in respect of goods which are produced, pro-

cessed or manufactured in the Colony;

(f) promote, control, become a member of, act as agent for, manago, superintend or otherwise assist any association or in- stitution which has, either wholly or in part, objects which are the same as or similar to those of the Federation:

(g) found scholarships and exhibitions and support such establish- meats and institutions as may further the objects of the Federation:

(4) act as trustees of such trusts as may further such objects or as may be otherwise considered desirable, either gratuitously or otherwise; and

( do all such things as are calculated to facilitate, or as are incidental or conducive to, the better carrying out of the objects of the Federation.

Powers of Federation,