University.
The University of Hong Kong", by which name the Chancellor and other members of the University are hereby constituted one body politic and corporate with perpetual succession and a common seal, and with full power by and in such name to sue and be sued, and without any further licence to take by gift or otherwise, purchase and hold, grant, demise or otherwise dispose of real or personal estate, and with the other powers conferred by, under or by virtue of this Ordinance.
[CAP. 319]
property.
5. The area of Crown land situate to the south of Bonham Road and to the east of Pokfulam Road, and delineated and described on the plan thereof signed by the Governor and by William Chatham, Director of Public Works, and deposited in the Land Office, and all buildings now erected or in course of erection or hereafter to be erected thereon, together with all rights, easements and appurtenances thereto belonging, shall vest in the University in fee simple for the purposes of this Ordinance free of Crown rent : Provided always that the University shall not sell, convey or dispose of the said land or buildings or any part thereof to any person without the written licence of His Majesty: Provided also that if the said land and buildings or any part thereof shall at any time cease to be used for the purposes of the University in accordance with the provisions of this Ordinance the said land and buildings or part thereof, as the case may be, shall revert to the Crown.
property.
6. All moneys subscribed for the purposes of the University, whether on deposit in any name in any bank or not, and all investments of such moneys, and all interest, income and profits arising from such investments, and all securities therefor, shall vest in the University.
contracts.
7. (1) Contracts on behalf of the University may be made as follows-
(a) a contract, which if made between private persons would be by law required to be in writing, and if made according to English law to be under seal, may be made on behalf of the University in writing under the common seal of the University; (b) a contract, which if made between private persons would be by law required to be in writing and signed by the parties to be charged therewith, may be made on behalf of the University in writing signed by
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University.
Kong", by which name the Chancellor and other members of the University are hereby constituted one body politic and corporate with perpetual succession and a common seal, and with full power by and in such name to sue and be sued, and without any further licence to take by gift or otherwise, purchase and hold, grant, demise or otherwise dispose of real or personal estate, and with the other powers conferred by, under or by virtue of this Ordinance.
[CAP. 319
property.
5. The area of Crown land situate to the south of Real Bonham Road and to the east of Pokfulam Road, and delineated and described on the plan thereof signed by the Governor and by William Chatham, Director of Public Works, and deposited in the Land Office, and all buildings now erected or in course of erection or hereafter to be erected thereon, together with all rights, easements and appurtenances thereto belonging, shall vest in the University in fee simple for the purposes of this Ordinance free of Crown rent : Provided always that the University shall not sell, convey or dispose of the said land or buildings or any part thereof to any person without the written licence of His Majesty: Provided also that if the said land and buildings or any part thereof shall at any time cease to be used for the purposes of the University in accordance with the provisions of this Ordinance the said land and buildings or part thereof, as the case may be, shall revert to the Crown.
property.
6. All moneys subscribed for the purposes of the Personal University, whether on deposit in any name in any bank or not, and all investments of such moneys, and all interest, income and profits arising from such investments, and all securities therefor, shall vest in the University.
contracts.
7. (1) Contracts on behalf of the University may be Form of made as follows-
(a) a contract, which if made between private persons ·
would be by law required to be in writing, and if made according to English law to be under seal, may be made on behalf of the University in writing under the common seal of the University; (b) a contract, which if made between private persons would be by law required to be in writing and signed by the parties to be charged therewith, may be made on behalf of the University in writing signed by
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