CAP. 1076]
Grantham Scholarships Fund
[1985 Ed.
Originally 8 of 1955.
23 of 1966.
L.N. 22/69. 50 of 1973. L.N. 67/85. L.N. 68/85.
L.N.263 of 1988.
23/90
Preamble.
CHAPTER 1076
GRANTHAM SCHOLARSHIPS FUND
To make provision for the establishment of a trust fund to be known as the "Grantham Scholarships Fund", and for the due administration thereof, and for purposes connected with the matters aforesaid.
WHEREAS
[4 March 1955.]
(a) The benefactors, hereinafter referred to as the founders, wishing to commemorate the governorship of His Excellency Sir Alexander William George Herder Grantham, Knight Grand Cross of the Most Distinguished Order of Saint Michael and Saint George, have raised by subscription the sum of $250,000:
(b) In view of the interest taken by the said Sir Alexander Grantham in education, the founders wish to establish a scholarships fund for the promotion and encouragement of education in Hong Kong:
(c) The said Sir Alexander Grantham has signified his consent to the founders' wish that the said fund should be known as the "Grantham Scholarships Fund":
(d) The Secretary for District Administration Incorporated has, with the approval of the Governor under section 8 of the Secretary for District Administration Incorporation Ordinance, consented to become trustee of the said fund: (Amended, L.N. 67/85 and L.N. 68/85).
(e) The founders have paid to the trustee the said sum of $250,000 to the intent that the same shall be dedicated in perpetuity for the promotion and encouragement of local education in the Colony in the manner hereinafter provided: Hong Kong
1. This Ordinance may be cited as the Grantham Scholarships Fund Ordinance.
2. There is hereby established a trust fund to be known as the "Grantham Scholarships Fund", hereinafter referred to as the fund, which shall consist of $250,000, being moneys paid over to the trustee by the founders; it shall also consist of any sums accumulated by way of interest thereon at the commencement of this Ordinance, and such other moneys as may, from time to time, be given to the fund.
3. The trustee shall hold the fund upon the trusts, and with and subject to the powers and provisions, hereinafter in this Ordinance contained.
2
CAP. 1076]
Grantham Scholarships Fund
[1985 Ed.
Originally 8 of 1955.
23 of 1966.
L.N. 22/69. 50 of 1973. L.N. 67/85. L.N. 68/85.
грда
LIN. ZEZ of rP8P
1.N.263 of (PfP.
23/90
Preamble.
CHAPTER 1076
GRANTHAM SCHOLARSHIPS FUND
To make provision for the establishment of a trust fund to be known as the "Grantham Scholarships Fund", and for the due admini- stration thereof, and for purposes connected with the matters aforesaid.
WHEREAS
[4 March 1955.]
(a) The benefactors, hereinafter referred to as the founders, wishing to commemorate the governorship of His Excel- lency Sir Alexander William George Herder Grantham, Knight Grand Cross of the Most Distinguished Order of Saint Michael and Saint George, have raised by subscrip- tion the sum of $250,000:
(b) In view of the interest taken by the said Sir Alexander Grantham in education, the founders wish to establish a scholarships fund for the promotion and encouragement of education in Hong Kong:
(c) The said Sir Alexander Grantham has signified his consent to the founders' wish that the said fund should be known as the "Grantham Scholarships Fund”:
LiN 263 of 1P8p LiNz6z of 1p8p (d)
1989. & Home Affairs
(Cap. 1044.)
23/9053
Short title.
Establishment of trust fund.
The trustee.
The Secretary for District Administration Incorporated has, with the approval of the Governor under section 8 of the Secretary for District-Administration Incorporation Ordinance, consented to become trustee of the said fund: (Amended, L.N. 67/85 and L.N. 68/85).
(e) The founders have paid to the trustee the said sum of $250,000 to the intent that the same shall be dedicated in perpetuity for the promotion and encouragement of local education in the Colony in the manner hereinafter provided: Rong Kong
1.
This Ordinance may be cited as the Grantham Scholar- ships Fund Ordinance.
2. There is hereby established a trust fund to be known as the "Grantham Scholarships Fund", hereinafter referred to as the fund, which shall consist of $250,000, being moneys paid over to the trustee by the founders; it shall also consist of any sums accumulated by way of interest thereon at the commencement of this Ordinance, and such other moneys as may, from time to time, be given to the fund.
3.
The trustee shall hold the fund upon the trusts, and with and subject to the powers and provisions, hereinafter in this Ordin- ance contained.
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