1969-HKRS28-8-36_Part02 — Page 25

2

Establishment

ol fund,

Contents of fund.

Establishment

of Board

of Trustees.

Schedule.

3. (1) There is hereby established a trust fund to be known as the Hong Kong General Chamber of Commerce Special Relief Fund.

(2) The Board shall bold the fund upon the trusts and subject to the provisions contained in this Ordinance.

4. The fund shall consist of—

(a) the balance on the vesting day of the moneys donated by members of the Chamber or by members of the public to the fund set up and opened to subscription on the 10th day of July 1967 with the object of providing assistance to dependants of the forces of law and order killed during the disturbances then taking place:

(b) such other assets as are held on the vesting day, having been acquired by the use of any moneys so donated; and

(c) such further moneys and assets as may, on or after the

vesting day, be-

5.

(1) donated, subscribed or bequeathed to, and accept- ed by, the Board; or

(ii) otherwise acquired by the Board.

(1) There is hereby established a Board of Trustees, to be called the Hong Kong General Chamber of Commerce Special Relief Fund Board.

(2) The Board shall consist of not less than two nor more than four trustees, one of whom shall be appointed as Chairman by the Chamber.

(3) The trustees on the vesting day shall be the persons named in the Schedule.

(4) Subject to the provisions of subsection (2), the Chamber may, from time to time, by deed under its common seal, remove any trustee and appoint a new or additional trustee.

(5) A trustee may at any time resign by giving not less than one month's notice in writing to the Chamber.

(6) The quorum necessary for the transaction of the business of the Board shall be two trustees or such greater number as may be fixed by standing orders made under section 9.

(7) All questions arising at a meeting of the Board shall be decided by a majority of the votes of the trustees present and, in the case of an equality of votes, the Chairman shall have a casting vote in addition to his original vote.

6. (1) For the purposes of this Ordinance the Board- (a) shall be a corporation sole;

(b) shall bave the name "The Hong Kong General Chamber

of Commerce Special Relief Fund Board"; and

(c) in that name shall have perpetual succession and may

sue and be sued in any court.

(2) The corporation shall have a common seal and the affixing thereof shall be authenticated by the signature of a 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.

7.

The Board shall apply the fund directly or indirectly in such manner as it stall think fit for the following objects-

(a) the maintenance, advancement, education or benefit of

any beneficiary; or

(b) for the benefit of the estate of any beneficiary.

#.

For the purposes of this Ordinance... "beneficiary" means-

(a) any public officer;

(b) any member of the armed forces of the Crown; and

(c) any member of any such auxiliary or voluntary service in Hong Kong as may be from time to time approved by the Board,

who is killed or injured in the course of carrying out his duty as such in Hong Kong at any time after the 31st day of March 1967: and

(d) any widow, widower or child of a beneficiary as defined in paragraphs (a), (b) and (c) and any other person wholly or partly dependent on any such beneficiary.

9.

The Board 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 Board.

Incorporation of Blourd

Objects and application of fund.

Beneficiary defined.

Standing orders.