Hong Kong Ordinances

HONG KONG TRAMWAYS EDUCATIONAL TRUST FUND ORDINANCE - SECT 6

Committee of management

(1) There shall be a Committee who shall have the management of the Fund.

(2) The Committee shall consist of-

   (a)  the Chairman of the Founders who shall be Chairman of the Committee;

   (b)  a Director of the Founders appointed by resolution of the Board of
        Directors of the Founders;

   (c)  the Manager of the Founders;

   (d)  such other members not exceeding three as may be appointed by
        resolution of the Board of Directors of the Founders.

(3) The persons named in paragraphs (a) and (c) of subsection (2) shall whilst
holding their respective offices be ex officio members of the Committee.

(4) Every member appointed pursuant to paragraphs (b) and (d) of subsection
(2) shall hold office for a fixed period of three years or until such time as
his appointment is revoked and a new member appointed in his place by
resolution of the Board of Directors of the Founders. Upon expiry of any such
term of office a member may be re-appointed for a further similar term or a
new member may be appointed in his place.