1971-HKRS28-8-38_Part01 — Page 23

(Cap. 1051)

Incorporation

of the Tung

Wah Group of Hospitals.

Matters

relating to the

corporation.

FL Sobedule.

Vesting of property.

2

"medical commitlee" means the committee established by para-

graph 18 of the First Schedule;

"ordinary general meeting" means an ordinary general meeting of

the corporation:

"ordinary member" means an ordinary member of the corpora-

tion;

"repealed Ordinance" means the Tung Wah Hospital Ordinance

repealed by section 11:

"secretary" means the secretary of the corporation: "voting member" means a voting member of the corporation; "year" means the period commencing on the 1st day of April in any year and ending on the 31st day of March in the follow- ing year.

3. (1) The corporation existing by virtue of the repealed Ordinance shall continue to exist.

(2) The corporation—

(4) shall be known as the Tung Wah Group of Hospitals

and in that name may suc and be sued;

(b) shall continue to have perpetual succession; and (c) may do and suffer all such other acts and things as

bodies corporate may lawfully do and suffer.

4.

The provisions of the First Schedule shall have effect with respect 10-

(a) the objects and powers of the corporation: (b) the membership of the corporation;

(c) the board;

(d) the medical committee;

(e) the advisory board;

(f) meetings and procedure,

and otherwise in relation to the corporation.

5. (1) All the immovable property vested in the corpora- tion at the commencement of this Ordinance shall continue to be vested in the corporation for the residue of the term of years created by the respective Crown leases, subject to the covenants, conditions, stipulations, exceptions, reservations, provisos and powers contained in and reserved by the said Crown leases.

(2) Any other property, right and privilege vested in the corporation at the commencement of this Ordinance shall con- Linue to be vested in the corporation on the terms and conditions, if any, on which the same was vested at that date, and the cor- poration shall continue to be subject to the obligations and liabilities to which it was subject at the commencement of this Ordinance.

6. The board may exercise any of the powers of the cor- poration which are not required by this Ordinance to be exercised by the corporation in general meeting.

7, (1) The board shall cause to be kept proper books of account of all transactions of the corporation.

(2) Such books of account shall be open at all reasonable times to the inspection of any director and of any person appointed by the Governor in that behalf.

(3) A chairman shall within six months after the expiration of his term of office send to the Colonial Secretary a statement

of the accounts of the corporation which shall—

(a) be signed by two persons who were directors during the

year to which the statement relates;

(b) be auditod in accordance with subsection (4); and

contain the following particulars-

(c)

(1) an account of the assets and liabilities of the corporation at the end of the previous year;

(ii) an account of the receipts and disbursements of

the corporation during the previous year; and

(iii) & report on the administration of the corporation during the previous year.

(4) The accounts of the corporation and the signed state- ment of the accounts shall be audited by an auditor appointed by the corporation, being a person whose name is included in Parts I and II of the list of authorized auditors kept pursuant to subsection (3) of section 131 of the Companies Ordinance, and the auditor shall certify the statement of the accounts subject to such report, if any, as he thinks fit.

(5) A copy of the signed and audited statement of the accounts and the auditor's report, if any, shall within six months after the end of the year be sent to each-

(a) director:

(b) person who was a director during that year;

(c) member of the advisory board; and

(d) voting member.

8. Every director shall be indemnified by the corporation against liability for any acts of the corporation.

2. (1) The First Schedule may be amended by resolution of the board with the prior approval of the advisory board.

(2) Any such resolution shall be published in the Gazette and shall, unless otherwise provided, come into operation on the day of such publication.

Board may

exercise powers of corporation.

Accounts,

(CA. 12.)

Directors to be indemnified,

Amendments and alterations. Flat Schedules,