Hong Kong Ordinances

THE ST. STEPHEN'S GIRLS' COLLEGE COUNCIL INCORPORATION ORDINANCE - SECT 4

Power of corporation

(Past version on 30/06/1997).

Adaptation amendments retroactively made - see 55 of 2000 s. 3

The corporation shall have full power-

   (a)  to manage, administer and operate St. Stephen's Girls' College;

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

   (c)  to acquire, by purchase or otherwise, goods and chattels of any kind
        or description;

   (d)  to invest moneys on deposit in any bank in Hong Kong or elsewhere or
        in any Hong Kong or other 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 or
        elsewhere; (Amended 55 of 2000 s. 3)

   (e)  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, securities, vessels, goods and chattels for the time being
        vested in the corporation, upon such terms as the corporation may deem
        fit;

   (f)  to erect any buildings, messuages or tenements and effect any
        improvement thereto;

   (g)  to borrow money upon such terms as the corporation shall think fit,
        and to raise money by public or private subscriptions;

   (h)  generally to do such other things as may appear to be incidental or
        conducive to the aims and objects of the corporation as provided by
        its constitution for the time being or for carrying into effect the
        provisions of this Ordinance.