1964_VOCATIONAL_TRAINING_COUNCIL_ORDINANCE — Page 8

1982 Ed.]

Vocational Training Council

[CAP. 1130

10. (1) The Governor may, on the advice of the Council, establish training boards and general committees.

(2) The Governor shall appoint the chairman and members of any training board or general committee, none of whom need be a member of the Council.

(3) Training boards and general committees shall perform such functions as the Council may decide and shall report to the Council as often as the Council may decide.

11. The Council may establish council committees to assist it to perform its functions and shall appoint the chairman and members of any such committee, of which at least two thirds of the membership shall be members of the Council.

Establishment, membership and functions of training boards and general committees.

Establishment and membership of council committees.

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PART IV

FINANCIAL PROVISIONS

12. The funds and property of the Council shall consist of-

(a) all moneys appropriated by the Legislative Council for the purposes of the Council;

(b) all moneys lawfully received by the Council by way of grants, loans, funds, donations, fees, rent or interest;

(c) all moneys derived from the sale of any property held by or on behalf of the Council; and

(d) all property and assets lawfully acquired by the Council.

13. (1) All contractual and other rights exercisable or enforceable by or on behalf of the technical institutes before the commencement of this Ordinance shall on the commencement thereof become and be exercisable and enforceable by the Council.

(2) On the commencement of this Ordinance the Council shall become liable for all debts and liabilities and for the performance of all contractual and other obligations incurred by or on behalf of the technical institutes before the commencement of this Ordinance.

14. (1) In each financial year, before a date to be fixed by the Governor, the Council shall submit to the Governor for his approval a programme of its proposed activities and estimates of its receipts and payments for the next financial year:

Provided that the programme and estimates for the first financial year of the Council shall be submitted as soon as practicable after the commencement of this Ordinance.

(2) The Council may, from time to time, with the prior approval of the Governor, fix a period to be the financial year of the Council.

Funds and property of the Council.

Rights and obligations of technical institutes.

Estimates and financial year.