Hong Kong Ordinances Hong Kong Ordinances
- CHAPTER 29
TABLE OF PROVISIONS
Long Title
1. Short title
2. Interpretation
3. Application
4. Authorized investments
5. Retention of redeemable stocks until redemption
6. Discretion of trustees
7. Retention of unauthorized investment
8. Investment in bearer securities
9. Loans and investments by trustees not chargeable as breaches of
trust
10. Liability for loss by reason of improper investment
11. Powers supplementary to powers of investment
12. Power to deposit at bank and to pay calls
13. Power of trustees for sale to sell by auction, etc.
14. Power to sell subject to depreciatory conditions
15. Power of trustees to give receipts
16. Power to do other acts
17. Powers of trustees of renewable leaseholds to renew and raise money
for the purpose
18. Power to raise money by sale, mortgage, etc.
19. Protection to purchasers and mortgagees dealing with trustees
20. Devolution of powers or trusts
21. Power to insure
22. Application of insurance money where policy kept up under any trust,
power or obligation
23. Deposit of documents for safe custody
24. Reversionary interests, valuations, and audit
25. Power to employ agents
26. Power to concur with others
27. Power to delegate trusts
27A. Validation of appointments where objects are excluded or take
illusory shares
28. Protection against liability in respect of rents and covenants
29. Protection by means of advertisement
30. Protection in regard to notice
31. (Repealed 51 of 1972 s. 8)
32. Implied indemnity of trustees
33. Power to apply income for maintenance and to accumulate surplus
income during a minority
34. Power of advancement
35. Protective trusts
36. Limitation of the number of trustees
37. Power of appointing new or additional trustees
38. Supplemental provisions as to appointment of trustees
39. Evidence as to a vacancy in a trust
40. Retirement of trustee without a new appointment
41. Vesting of trust property in new or continuing trustees
42. Power of court to appoint new trustees
43. Power to authorize remuneration
44. Powers of new trustee appointed by court
45. Vesting orders of land
46. Orders as to contingent rights of unborn persons
47. Vesting order in place of conveyance by infant mortgagee
48. Vesting order consequential on order for sale or mortgage of land
49. Vesting order consequential on judgment for specific performance, etc.
50. Effect of vesting order
51. Power to appoint person to convey
52. Vesting orders as to stock and thing in action
53. Vesting orders of charity property
54. Vesting orders in relation to infant's beneficial interest
55. Orders made upon certain allegations to be conclusive evidence
56. Power of court to authorize dealing with trust property
57. Persons entitled to apply for orders
57A. Charitable trusts
58. Power to give judgment in absence of a trustee
59. Power to charge costs on trust estate
60. Power to relieve trustee from personal liability
61. Power to make beneficiary indemnity for breach of trust
62. Payment into court by trustees
63. Power of court on application to appoint judicial trustee
64. Rules
65. Definitions
66. Appointment of Official Trustee
67. Payment of trust moneys into bank to credit of Official Trustee
68. Transfer of trust securities into name of Official Trustee
69. Conveyance of land in trust to Official Trustee
70. Certificate to be given by Official Trustee
71. Order for payment, etc. by majority of trustees without concurrence
of others
72. Administration of trust estate
73. Charges upon trust estate administered by Official Trustee
74. General rights and powers of Official Trustee
75. Limitation of liability of Official Trustee
76. Rules for administration of trust funds
77. Application by company to be registered as a trust company
78. Issue of certificate
79. Register of trust companies to be kept
80. Deposit to be held as security
81. Objects
82. Trust company may act as executor
83. Trust company to apply for probate or administration
84. Procedure as to petitions, etc.
85. Appointment of a company to be a trustee
86. Joint tenancy
87. Trust company may act as agent
88. Security not required
89. Trust funds to be kept separate
90. Investment of trust funds
91. Investment of trust company's own funds
92. Loans to trust company officers, etc. prohibited
93. Borrowing
94. (Repealed 84 of 1970 s. 2)
95. Investigation by inspector
96. Special provision as to winding up a trust company
97. Personal liability of officers of a trust company
98. Offences
99. Not to be guardian or committee
100. Restriction on holding shares in a trust company
101. Voluntary winding-up or disposal may be restrained
102. Liability and powers of trust company
103. Registration of a trust company as shareholder, etc. not notice of
trust
104. Unclaimed money to be paid into court
105. Fees payable by trust companies
106. Registration of certain banking corporations as trust companies
107. Limitation of powers of inspectors under section 95
108. Striking off trust company registered under section 106
109. Indemnity
SCHEDULE 1
SCHEDULE 2
[ Note: This table has been automatically generated and may be incomplete. ]