TNAG-1656-FCO40-2304-Hong-Kong-legislation-on-trade-1987 — Page 37

A296

Ord. No. 47/87

THE HONG KONG UNIVERSITY OF SCIENCE AND TECHNOLOGY

THE HONG KONG UNIVERSITY OF SCIENCE AND TECHNOLOGY

Ord. No. 47/87

A297

Establishment

and incor-

poration of the University.

Objects of the University.

Powers of the University.

3.

PART II

THE HONG KONG UNIVERSITY OF SCIENCE AND TECHNOLOGY

There is hereby established a body corporate with perpetual succession to be known in English as The Hong Kong University of Science and Technology and in Chinese as, which in its name either in English or Chinese may sue and be sued.

4. The objects of the University are-

(a) to advance learning and knowledge through teaching and research,

particularly-

(i) in science, technology, engineering, management and business studies; and

(ii) at the postgraduate level; and

(b) to assist in the economic and social development of Hong Kong.

5. The University may do all things that are necessary for, or incidental or conducive to, the furtherance of its objects and in particular, but without prejudice to the generality of the foregoing, may—

(a) acquire, hold and dispose of interests in property of any

description;

(b) enter into any contract;

(c) erect, provide, equip, maintain, alter, remove, demolish, replace, enlarge, improve, keep in repair and regulate its buildings, pre- mises, furniture, equipment and other property;

(d) employ staff, advisers and consultants, whether on a full or part

time basis;

(e) provide appropriate amenities (including facilities for social activities and physical recreation and residential accommodation) for its students and employees;

() invest its funds in such manner and to such extent as it thinks

appropriate or expedient;

(g) borrow money in such manner and on such security or terms as it

thinks appropriate or expedient;

(h) apply for and receive any grant in aid on such terms as it thinks

appropriate or expedient;

(i) fix and collect fees and charges for courses of study, facilities and other services provided by it and specify conditions for the use of such facilities and services;

(j) generally or in any particular case or class of case, reduce, waive or

refund such fees and charges;

(k) receive and solicit gifts, whether on trust or otherwise, and act as

trustee of moneys or other property vested in it on trust;

(1) confer degrees and other academic awards including honorary

degrees and honorary awards;

(m) provide, for profit or otherwise, advisory, consultancy, research

and other related services;

(n) enter into a partnership or any other form of joint venture with

any person;

(0) acquire, hold and dispose of interests in other corporate bodies

and form or take part in forming corporate bodies;

(p) print, reproduce, or publish or arrange for the printing, reproduc- tion or publishing of any manuscript, book, play, music, script, programme, poster, advertisement or other material, including video and audio material and software for computers, as it thinks appropriate or expedient; and

(q) provide financial assistance, by way of grant or loan, in pursuance

of its objects.

6.

PART III

THE CHANCELLOR AND THE Court

(1) There shall be a Chancellor of the University who shall be the The head of the University and who may confer degrees and other academic Chancellor. awards in the name of the University.

(2) The Governor shall be the Chancellor. In the absence of the Governor, the Acting Governor or the Governor's Deputy shall be the Acting Chancellor and shall have all the powers and duties of the Chancellor.

(3) The Chancellor may appoint a person to be the Pro-Chancellor of the University. The Pro-Chancellor may, on the authorization of the Chancellor and on his behalf, exercise any of the powers and perform any of the duties conferred or imposed on the Chancellor.

7. (1) There shall be a Court, which shall be the supreme advisory The Court. body of the University.

(2) The functions of the Court shall be to

(a) receive an annual report from the Vice-Chancellor;

(b) consider any reports made to it by the Council;

(c) discuss any motion made at the Court on general University

policy;

(d) raise funds for the University; and

(e) promote the interests of the University in Hong Kong and

elsewhere.

PART IV

THE COUNCIL

8.

There shall be a Council, which----

(a) shall be the supreme governing body of the University; and

Functions of

the Council.