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(3) On the coming into operation of this Ordinance the Corporation shall in addition to the mortgages and charges referred to in section 6 (1) become liable for all debts and liabilities of the Trustees of the Sailors Home and Missions to Seamen in Hong Kong.
7.—(1) The Corporation may, subject to the approval Power to of the Governor-in-Council, by a resolution passed by the make majority of the Committee, make from time to time such regulations. regulations as may in their discretion seem desirable for the administration of the Corporation and the management of the premises and property of whatever description thereof, with the exception that Regulation Eleven and that part of Regulation Thirteen which relates to the Chaplain shall not in any way be altered except with the consent of the Missions to Seamen in London.
(2) Subject to the exercise of the above powers the regulations contained in the Schedule hereto shall be in Schedule. force from the commencement of this Ordinance and shall be deemed to have been made under this Ordinance,
8. Nothing in this Ordinance shall affect or be deemed Saving of the to affect the rights of His Majesty the King, His Heirs rights of the
Crown and or Successors, or the rights of any body politic or cor-
of certain porate or of any persons except such as are mentioned in
other this Ordinance and those claiming by from or under them. persons.
Chater
9. Nothing in this Ordinance shall affect or be deemed Nothing 10 affect the Chater Missions to Seamen Endowment herein to Fund save that the Corporation shall be substituted for affect the the Missions to Seamen in Hong Kong mentioned in Missions to Clause four of the Deed of Trust dated the Fourth day of Seamen May, One thousand nine hundred and twenty-three.
Endowment Fund save as herein provided.
10. The Missions to Seamen in Hong Kong Incorpora- Repeal of tion Ordinance, 1919, and the Sailors Home Ordinance, Ordinances 1925, are hereby repealed.
Nos. 10 of 1919 and 5
SCHEDULE.
REGULATIONS.
of 1925.
[s. 7.]
"The
1.-(1) In these Regulations the expression Committee " means the Committee incorporated under
this Ordinance as "The Sailors Home and Missions to Seamen ".
(2) The expression "The Institute" means the pre- mises used by the Corporation in connection with its work.
THE COMMITTEE.
2. The supreme control and management of the Institute and of the premises and property of whatever description of the Corporation shall be vested in the committee.
3. General Meetings of the Committee shall be held in the months of February, April, July and October in each year on such day at such hour as the Committee shall direct.
4. The General Meeting to be held in the month of February in each year shall be called the Annual General Meeting and at such meeting a Report of all the affairs of the Corporation and an Account of the receipts expen- diture and property of the Corporation together with a balance sheet for the last year shall be presented by the Honorary Treasurer and the Chartered Accountants (here- inafter referred to) and there shall be elected a Chairman, 20 Honorary Treasurer, Chartered Accountants and Auditors for the ensuing year. The Committee shall elect their first Chairman who shall function until the first Annual General Meeting. At such Annual General Meeting such other business shall be transacted as may be necessary.
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