1964-HKRS28-8-31_Part03 — Page 3

2

This printed impression has been carefully compared by me with the Bill which passed the Legislative Council on the 18th day of November, 1964, and is found by me to be a true and correctly printed copy of the said Bill.

HONG KONG

No, 34 of 1964.

Deputy Clerk of Councils.

(Secretariat GR33/3231/540)

T

I assent.

Bruch

reuch

titerror.

3rd December, 1964.

An Ordinance to extend the jurisdiction of Courts of Law to vary trusts in the interests of the beneficiaries and to sanction dealings with trust property.

[4th December, 1964]

Be it enacted by the Governor of Hong Kong, with the advice and

consent of the Legislative Council thereof, as follows-

1. This Ordinance may be cited as the Variation of Trusts Short title. Ordinance, 1964.

2. In this Ordinance, unless the context otherwise requires- "discretionary interest" means an interest arising under the trust specified in paragraph (b) of subsection (1) of section 35 of the Trustee Ordinance or any like trust:

Interprets- bion,

(Cap. 29).

"principal beneficiary" has the same meaning as in section 35 of the

Trustee Ordinance;

"protective trusts" means the trusts specified in section 35 of the Trustee

Ordinance or any like trusts.