QUEEN ELIZABETH FOUNDATION FOR THE MENTALLY HANDICAPPED
Ord. No. 74/88
A483
"Foundation" means the Queen Elizabeth Foundation for the Mentally
Handicapped established by section 3(1);
"Foundation assets" means the assets of the Foundation described in
section 3(4);
"Foundation income" means income of the Foundation derived from
Foundation assets;
"mental handicap" means any condition of arrested or incomplete development of the mind which involves a significant impairment of intelligence or of social functioning;
"the mentally handicapped" means persons suffering from mental handicap.
3. (1) There is established a body corporate to be known as the Establishment of Foundation "Queen Elizabeth Foundation for the Mentally Handicapped".
(2) The purpose of the Foundation shall be the furtherance of the welfare, education and training of the mentally handicapped in Hong Kong, and the promotion of their employment prospects.
(3) There shall be paid to the Foundation by the Government-
(a) from the Special Coin Suspense Account (established by resolu-
tion of the Legislative Council on 19 March 1975)—
(i) the net profit accruing from the sale of gold coins by the Government to commemorate the visit to Hong Kong in 1986 of Her Majesty Queen Elizabeth II; and
(ii) such sum as will make the total payments from that Ac- count $30 million;
(b) from the general revenue, a matching contribution of $30 million. (4) The assets of the Foundation shall be
(a) the sums paid by the Government under subsection (3);
(b) the sum of $30 million to be donated by the Royal Hong Kong
Jockey Club;
(c) such further moneys or property as may from time to time be do- nated, subscribed or bequeathed to the Foundation and accepted by the Council or otherwise acquired by the Foundation; and
(d) Foundation income accumulated under section 6(3)(d).
4.
t
The fixing of the seal of the Foundation shall be-
(a) authorized or ratified by resolution of the Council; and
(b) authenticated by the signature of any 2 members of the Council authorized by the Council either generally or specially to act for that purpose.
5.
Seal
There shall be a Council which shall be known as the "Council of Establishment the Queen Elizabeth Foundation for the Mentally Handicapped" and which of Council shall consist of—
(a) a Chairman appointed by the Governor;
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