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financial support of guilds, firms and associations.
To include them in the membership a definition
of "Society" has been inserted which is adopted
from the definition in 13 & 14 Geo. 5, c. 14, s. 11.
Section 3. This provides for the continued existence
of the corporation created in 1870 and lays down
rules as to the membership of the corporation.
Section 4. This sets out the objects of the
corporation and accords with its traditional
practice.
Section 5 deals with the powers of the corporation
which are in effect the same as those conferred
by Ordinance No. 1 of 1870.
Section 6 provides for the execution of deeds by the
corporation, which is to the same effect as
section 7 of Ordinance No. 9 of 1904.
Section 7 provides for vesting of the properties in the
corporation.
Sections 8, 9, 10 and 11. The number of Directors
has been increased from a minimum of 6 and a
maximum of 16, to a minimum of 18 and a maximum
of 30, 6 of whom shall be residents of Kowloon
or New Kowloon. The other provisions of the se
sections generally express the existing practice
as to elections and the functions of directors.
Permanent advisers have for some years past been
appointed by His Excellency the Governor.
It
was suggested that the Board of Directors should
consist not only of the current Directors, but
of the whole Board of Directors of the previous
year.
On further consideration it was thought
that this arrangement would make the Board of
Directors, unusually large and unwieldy. On the
other hand, it seems desirable that representatives
of the previous year's Directors should be
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