TNAG-1981-FCO40-2814-UK-Hong-Kong-Scholarship-Scheme-donation-to-the-UK-Governme-1989 — Page 45

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

or not and whether or not authorised by law for the

investment of trust moneys in the absence of an

express power.

(b) The Trustee may leave the Trust Fund and every part

thereof in the state of investment in which it may be

from time to time and may sell or call in any investments

or property for the time being comprised in the Trust

Fund or transpose or convert such investments or property

into any other investments or property the acquisition of

which with moneys subject hereto is hereby authorised.

(c) The Trustee may give a valid receipt for capital

moneys.

6.

IN furtherance of the foregoing charitable objects but

not further or otherwise the Trustee shall have the following

powers:

(a) Power (for the purpose of selection of persons or

purposes to receive benefits from the Trust Fund and for

the purpose of determining the appropriate means of

conferring a benefit in each individual case) to consider

recommendations made by the Government of Hong Kong in

consultation with the Foreign and Commonwealth Office of

the United Kingdom.

(b) Power to consult and act on the advice of any agent

or committee or committees (whether or not being or

consisting of or including the Trustee of this deed and

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