Hong Kong Ordinances

CUSTOMS AND EXCISE SERVICE CHILDREN'S EDUCATION TRUST FUND ORDINANCE - SECT 10

Investment Advisory Board

(1) For the purposes of making recommendations to the trustee on the
investment of fund moneys in investments other than those authorized under the
Trustee Ordinance ( Cap 29), there shall be established an Investment Advisory
Board, which shall consist of at least 3 but not more than 5 persons appointed
by the Financial Secretary.

(2) A member appointed under this section-

   (a)  shall hold office for such period as is specified in the member's
        letter of appointment;

   (b)  may be reappointed or removed by the Financial Secretary; and

   (c)  may resign by giving notice in writing to the Financial Secretary.

(3) The Financial Secretary shall appoint a chairman from among the members of
the Investment Advisory Board.

(4) The procedure for convening meetings of the Investment Advisory Board and
for transacting business at those meetings is, subject to this section, to be
as determined by the Investment Advisory Board.