1964_UNIVERSITY_OF_HONG_KONG_ORDINANCE — Page 20

1989 Ed.].

University of Hong Kong

[CAP. 1053

19

3.

The 4 members elected by the Court and the member elected by the Senate shall be elected for a period of 3 years, shall be eligible for re-election, and may resign by written notice addressed to the Secretary. (L.N. 144 of 1970; L.N. 58 of 1976; L.N. 212 of 1978; L.N. 44 of 1985)

4. (Repealed L.N. 58 of 1976)

5.

7 members of the Council shall form a quorum.

6.

The powers of the Council may be exercised notwithstanding any vacancy in its number, but if at any time and as long as the number of members of the Council is less than 10 the Council shall discontinue the exercise of its powers.

7. The Chairman may require any officer or teacher to be present at a meeting of the Council. (L.N. 137 of 1967)

8. If any appointed or elected member leaves Hong Kong and either remains absent for 2 months or more or gives notice of his intended absence for 2 months or more the appointing or electing person or body may appoint or elect, as the case may require, another person to act as member in his place during his absence. The acting member shall vacate his office either on the return of the absent member to Hong Kong or on the expiry of the absent member's term of office whichever first happens. (L.N. 32 of 1987)

1.

STATUTE XIX

POWERS OF THE COUNCIL

The Council shall administer the affairs of the University other than those vested by the Ordinance or the statutes in some other authority of the University or in an officer.

2.

Notwithstanding the generality of the powers vested in the Council by paragraph 1 and subject to the provisions of the Ordinance and the statutes, the Council shall have power-

(a) to administer and manage the finances, accounts, investments, property, business, and all affairs whatsoever of the University, and for that purpose to appoint bankers, counsel, solicitors, and such officers or agents as it may be expedient to appoint;

(b) to recommend the award of honorary degrees;

(c) to invest the moneys of the University, including any unapplied income, in such stocks, funds, fully paid-up shares or securities, mortgages, or debentures or debenture stock as the Council shall think fit, whether such investments be authorized by the general law for the investment of trust moneys or not, and whether such investments be within Hong Kong or not, and to invest such moneys in the purchase of leasehold property in Hong Kong, and to vary any investments by sale and reinvestment or otherwise; (L.N. 32 of 1987)

(d) to purchase, grant, sell, convey, assign, surrender, and yield up, exchange, partition, mortgage, demise, reassign, transfer, and accept leases of real and personal property on behalf of the University;

(e) to provide the buildings, premises, furniture, apparatus, and other means needed for

the University;

(f) to borrow money on behalf of the University and for that purpose to mortgage all or any part of the property of the University, whether real or personal, or give such other security, whether upon such real or personal property or otherwise, as it thinks fit:

Provided that the moneys borrowed and owing by the University shall not at any time exceed in the whole the sum of $100,000 except with the sanction of a resolution passed at a meeting of the Council and confirmed by the vote of three-fourths of the members present and voting at a subsequent meeting of the Council specially convened for the purpose and held not less than 7 days after the former meeting;

(g) to enter into, vary, carry out, and cancel contracts on behalf of the University;

(h) to maintain a University printing press and publish books and other matter on behalf

of the University;

Page 20

Page 21