Hong Kong Ordinances

THE HONG KONG INSTITUTE OF PLANNERS INCORPORATION ORDINANCE - SECT 5

Powers of the Institute

Subject to this Ordinance, the Council may, on behalf of the Institute, do all
such things as are necessary for, or incidental or conducive to the better
carrying out of the objects of the Institute, and, in particular, but without
prejudice to the generality of the foregoing, may-

   (a)  acquire, take on lease, purchase, hold and enjoy any property and
        sell, let or otherwise dispose of the same;

   (b)  enter into any contract;

   (c)  provide appropriate amenities for members;

   (d)  employ staff;

   (e)  provide residential accommodation for visiting guests and staff;

   (f)  provide or contribute to pensions for staff;

   (g)  act as trustee in relation to pension schemes and funds for
        scholarships and prizes;

   (h)  borrow money in such manner and on such securities or terms as the
        Council deems appropriate or expedient;

   (i)  apply for and receive any grant in aid for the functions of the
        Institute on such conditions as the Council deems appropriate or
        expedient; and

   (j)  invest the funds of the Institute in such manner and to such extent as
        the Council thinks appropriate or expedient. (Enacted 1991)