1963-HKRS28-8-30_Part01 — Page 34

Incorpora- tion.

Power of Corporation

(23 of 1958).

Vesting of property.

Members.

2

3. The members of the Hong Kong Conference of Youth Organi- zations shall be a body corporate and shall have the name "Hong Kong Conference of Youth Organizations" and in that name shall have perpetual succession and may sue and be sued in all courts in the Colony and shall have and may use a common seal and may from time to time, break, change, alter and make anew the said seal as the cor- poration may deem fit.

4.

The corporation shall have full power-

(a) subject to the Charities (Land Acquisition) Ordinance. 1958, to acquire, accept leases of, purchase, take or otherwise hold and enjoy any lands, buildings, messuages or tenements of what nature or kind soever and wheresoever situate;

(b) to acquire, by purchase or otherwise, goods and chattels of

what nature or kind soever;

(c) to invest moneys on|deposit in any bank in the Colony or in any Government bonds or on mortgage of any lands, buildings. messuages or tenements in the Colony or in or on debentures, debenture-stocks, funds, shares or securities of any corporation or company carrying on business in the Colony: (d) to grant, sell, convey, assign, surrender, yield up, mortgage, demise, let, reassign, transfer or otherwise dispose of, any lands, or buildings, messuages, tenements, mortgages, deben- tures, debenture-stocks, funds, securities, vessels, goods and chattels for the time being vested in the corporation, upon such terms as the corporation may deem fit;

(e) to erect any buildings, messuages or tenements and effect anş

improvement thereto;

( to borrow money upon such terms as the corporation shall think fit, and to raise money by public or private subscription: and

(g) generally to do such other things as may appear to be inciden- tal or conducive to the aims and objects of the corporation at provided by its regulations or the purposes aforesaid or any of them.

5. On the commencement of this Ordinance all moneys, securities for money, goods, chattels and effects whatsoever belonging to the Hong Kong Conference of Youth Organizations are hereby transferred to and vested in the corporation and the corporation shall become liable for the debts and liabilities of the Hong Kong Conference of Youth Organizations.

6. The corporation shall consist of such members as shall be provided by its regulations.

3

7. All the existing members of the unincorporated Hong Kong Existing Conference of Youth Organizations at the commencement of this Ordin- members to ance shall be the first members of the corporation.

become members

8. (1) The corporation shall forward to the Registrar of Com- Registration

with the panies for registration the following-

Registrar of (a) notice of the address of the principal office of the corporation Companies.

and any change thereto;

(6) a copy of the regulations and any amendment thereto, certified

as correct by the chairman:

(c) a list of the names and addresses of the members of the cor- poration and any change therein, certified as correct by the chairman; and

(d) the name and address of any person appointed under section 9

to sign deeds, documents and other instruments.

(2) Notification in accordance with subsection (1) shall be made within twenty-eight days of the commencement of this Ordinance or within twenty-eight days of any amendment or change, as the case may be

(3) Any person may inspect any of the documents registered under this section.

(4) A fee of five dollars shall be payable for registering any document under this section.

(5) A fee of one dollar shall be payable for inspecting the documents filed with the Registrar of Companies under this Ordinance.

documents

9. All deeds, documents and other instruments requiring the seal Sealing of of and sealed by the corporation shall be signed by the chairman and deeds, secretary of the corporation or by the chairman or secretary and such and other other member as the corporation may appoint or by two other members instruments. as the corporation may appoint, and such signing shall be taken as sufficient evidence of the due sealing of such deeds, documents and other instruments.

to be

10. The regulations of the unincorporated Hong Kong Conference Existing of Youth Organizations in operation at the commencement of this regulations Ordinance shall be the regulations of the corporation, but the same may regulations of be changed or amended by the corporation at any time and from time corporation. to time in accordance with the provisions of the regulations for the time being in operation.

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