Hong Kong Ordinances

HOP YAT CHURCH OF THE CHURCH OF CHRIST IN CHINA INCORPORATION ORDINANCE - SECT 4

Power of Corporation

(Past version on 01/07/1997).
(Past version on 30/06/1997).

The Corporation shall have full power-

   (a)  to manage, administer and operate the Hong Kong Hop Yat Church, the
        Kowloon Hop Yat Church, the Kowloon Hop Yat Church School, the
        Hop Yat  Church Kindergarten and the Hop Yat Church Kai Chi School;

   (b)  to establish, manage, administer and operate any clinic or clinics,
        hospital or hospitals, church or churches, school or schools or
        educational or charitable institution or institutions as
        the Corporation shall think fit;

   (c)  to acquire, accept leases of, purchase, take or otherwise hold and
        enjoy any lands, buildings, messuages or tenements of what nature or
        kind soever and wheresoever; (Amended 74 of 1974 s. 3)

   (d)  to acquire, by purchase or otherwise, goods and chattels of what
        nature or kind soever;

   (e)  to invest moneys on deposit in any bank in Hong Kong or in any
        government bonds or on mortgage of any land, buildings, messuages, or
        tenements in Hong Kong, or in or on debentures, debenture-stocks,
        stocks, funds, shares or securities of any corporation or company
        carrying on business in Hong Kong; (Amended 33 of 1999 s. 3)

   (f)  to grant, sell, convey, assign, surrender, yield up, mortgage, demise,
        let, reassign, transfer or otherwise dispose of, any land, buildings,
        messuages, tenements, mortgages, debentures, debenture-stocks, stocks,
        funds, shares, securities, vessels, goods or chattels for the time
        being vested in the Corporation, upon such terms as the Corporation
        may deem fit;

   (g)  to act as custodian trustee or manager of any property or fund for any
        charitable purpose;

   (h)  to accept gifts, donations and endowments for all or any of the
        purposes of the Corporation;

   (i)  to subscribe to and to grant donations for any charities or
        educational purposes;

   (j)  to develop either alone or jointly with other or others and turn to
        account any land acquired by the Corporation or in which it is
        interested, and in particular by laying out and preparing the same for
        building purposes, constructing, altering, pulling down, decorating,
        maintaining, fitting up, and improving buildings, and by planting,
        paving, draining, farming, cultivating and letting on building lease
        or building agreement, and by advancing money to and entering into
        contracts and arrangements of all kinds with builders, developers,
        contractors, land investment companies, land mortgage companies,
        building estate companies, banks, financiers, owners, lessees, tenants
        and others, in such manner or on such terms and conditions as
        the Corporation shall deem fit or expedient and to make applications
        and obtain orders under the Landlord 
        and Tenant (Consolidation) Ordinance ( Cap 7) and to agree and pay
        such compensation as the Tribunal within the meaning of that Ordinance
        may recommend or order; (Amended 32 of 2002 s. 40)

   (k)  to borrow money upon such terms as the Corporation shall think fit,
        and to raise money by public or private subscription; and

   (l)  generally to do such other things as may appear to be incidental or
        conducive to the aims and objects of the Corporation. (Amended L.N.
        235 of 1996)