Registrar-Generals-Department-Annual-report-1972-1973 — Page 53

made under section 76 of that Ordinance. The Judicial Trustee Rules, made under section 64 of the Trustee Ordinance, provide that where an official of the Court is appointed Judicial Trustee, the Registrar General shall be so appointed unless for special reasons the Court directs that some other official of the Court be appointed.

145. Section 8(2)(e) of the Supreme Court Ordinance provides that the functions and powers of the Official Solicitor in Lunacy shall be exercised by the Registrar General.

Administration of Trusts

146. Until the beginning of March 1973 the number of trusts administered remained at 15. On the 15th March 1973 the Registrar General, as Official Trustee, filed a petition in the Supreme Court concerning the disposal of some of the trust funds. The Court sanc- tioned that the balance of funds in six minor trusts be transferred either to the Official Administrator or to general revenue. The number of trusts administered at the close of the year was thus reduced to nine.

147. The Registrar General continued to act as Judicial Trustee of one estate on behalf of which $52,200 was held at the close of the

year.

Trust Funds

148. Table XXIX sets out the Official Trustee's receipts and pay- ments for the year, and the assets and liabilities of the trusts administered by him as at 31st March 1973. The total income of the trusts, being interest on investments, fixed deposits and bank accounts, amounted to $16,400, while payments to beneficiaries totalled $735. At the end of the year the total funds administered by the Official Trustee amounted to $415,200, of which $237,100 was held on income account.

Belilios Stars

:

149. In 1884 Emanuel Raphael BELILIOS set up a trust fund with the object inter alia of rewarding acts of 'conspicuous valour, devotion or self-denial (whether a life or lives be thereby saved or not) done within the Colony of Hong Kong at a fire or in any quarrel, fight, breach of the peace or otherwise howsoever, or within the Hong Kong, Canton or Macau waters'. The trust deed provided for the award of Belilios Stars for such acts of bravery. These are of two kinds: the

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