Hong Kong Ordinances

PETITES SOEURS DES PAUVRES, ST. PERN, BRETAGNE, INCORPORATION ORDINANCE - SECT 3

Powers of corporation

(Past version on 30/06/1997).

Adaptation amendments retroactively made - see 33 of 1999 s. 3

(1) The corporation shall have power to acquire, accept leases of, purchase,
take, hold and enjoy any lands, buildings, messuages or tenements of what
nature or kind soever and wheresoever situate in Hong Kong, and also to invest
moneys upon mortgage of any lands, buildings, messuages or tenements, or upon
the mortgages, debentures, stocks, funds, shares or securities of any
government, municipality, corporation or company, and also to purchase,
acquire and possess goods and chattels of what nature and kind soever.
(Amended 33 of 1999 s. 3)

(2) The corporation shall further have power by deed under its seal to grant,
sell, convey, assign, surrender, exchange, partition, yield up, mortgage,
demise, reassign, transfer or otherwise dispose of any lands, buildings,
messuages, tenements, mortgages, debentures, stocks, funds, shares or
securities, or other goods and chattels whatsoever, which are for the time
being vested in or belonging to the corporation, upon such terms as to the
corporation may seem fit.