GENERAL CHINESE CHARITIES FUND DIRECTIONS

GENERAL CHINESE CHARITIES FUND DIRECTIONS

EN CHINESE E CHARITIES FUND DIRECTIONS

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(Cap. 153, section 9)

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[10 December 1954.1

1. These directions may be cited as the General Chinese Charities
Fund Directions.

2. In these directions, unless the context otherwise requires

'Account' means the account 'Deposits--- General Chinese Charities
Fund' established by direction 4;

---Chairman'means the Chairman of the Chinese Temples Committee;

'Committee' means the Chinese Temples Committee constituted by
section 7 of the Ordinance;

---Fund'means the General Chinese Charities Fund as established by
the Ordinance;

3. The Fund shall be controlled by the Chairman and shall be
applied in accordance with the provisions of section 9 of the Ordinance.

4. All moneys due to the Fund as provided by the Ordinance and
all donations and voluntary contributions thereto shall be paid to the
Director of Accounting Services who shall credit them to an account
entitled 'Deposits-General Chinese Charities Fund---.

5. Moneys in the Account may, with the authority of the
Committee, be invested by the Chairman in any Government securities of
the Colony or in such other securities as the Committee may specify,
and interest or dividends received on account of investments shall be
credited to the Account.

6. The Chairman may, with the authority of the Committee, realize
such part of the Fund's investments as the Committee may specify.

7. All vouchers submitted to the Director of Accounting Services in
respect of payments to be made out of the Fund shall be certified by the
Chairman or his duly authorized delegate.

8. The Chairman may, with the authority of the Committee, write off
any asset or debt due to the Fund which he considers irrecoverable.





9. (1) The Chairman shall cause proper accounts to be kept
of all transactions of the Fund and shall cause to be prepared for
every period of 12 months ending on 31 March in each year a
statement of the accounts of the Fund, which statement shall include
an income and expenditure account and balance sheet and shall be
signed by the Chairman.

(2) The accounts of the Fund and the signed statement of the
accounts shall be audited by an auditor appointed by the Governor.
and the auditor shall certify the statement subject to such report, if
any, as he may think fit.

(3) A copy of the signed and audited statement of accounts
together with the auditor's report. if any, shall be laid on the table of
the Legislative Council not later than 30 September next following
the end of such period or so soon thereafter as the Governor. in his
absolute discretion. may allow.
G.N.A. 151/54. G.N.A. 93/61. L.N. 126/65. L.N. 16/77. Citation. Interpretation. Control and application. Maintenance of Fund. L.N. 16/77. Investment. Realization of investments. Certification of advances. L.N. 126/65. L.N. 16/77. Write off. Annual accounts. L.N. 126/65.

G.N.A. 151/54. G.N.A. 93/61. L.N. 126/65. L.N. 16/77. Citation. Interpretation. Control and application. Maintenance of Fund. L.N. 16/77. Investment. Realization of investments. Certification of advances. L.N. 126/65. L.N. 16/77. Write off. Annual accounts. L.N. 126/65.

https://oelawhk.lib.hku.hk/items/show/2705

1964

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