GENERAL CHINESE CHARITIES FUND DIRECTIONS
- CHAPTER 153B

GENERAL CHINESE CHARITIES FUND DIRECTIONS - LONG TITLE  
Empowering section VerDate:30/06/1997



(Cap 153 section 9) 
 
[10 December 1954] 
 
(G.N.A. 151 of 1954)



GENERAL CHINESE CHARITIES FUND DIRECTIONS - PARAGRAPH 1
Citation VerDate:30/06/1997



These directions may be cited as the General Chinese Charities Fund 
Directions.



GENERAL CHINESE CHARITIES FUND DIRECTIONS - PARAGRAPH 2
Interpretation VerDate:30/06/1997



In these directions, unless the context otherwise requires- 
"Account" (帳戶) means the account "Deposits-General Chinese Charities Fund" 
established by direction 4; 
"Chairman" (主席) means the Chairman of the Chinese Temples Committee; 
"Committee" (委員會) means the Chinese Temples Committee constituted by 
section 7 of the Ordinance; 
"Fund" (基金) means the General Chinese Charities Fund as established by the 
Ordinance;
"Account" (帳戶)
"Chairman" (主席)
"Committee" (委員會)
"Fund" (基金)


GENERAL CHINESE CHARITIES FUND DIRECTIONS - PARAGRAPH 3
Control and application VerDate:30/06/1997



The Fund shall be controlled by the Chairman and shall be applied in 
accordance with the provisions of section 9 of the Ordinance.



GENERAL CHINESE CHARITIES FUND DIRECTIONS - PARAGRAPH 4
Maintenance of Fund VerDate:30/06/1997



All moneys due to the Fund as provided by the Ordinance and all donations 
and voluntary contributions thereto shall be paid to the Director of 
Accounting Services who shall credit them to an account entitled 
"Deposits-General Chinese Charities Fund". 
(L.N. 16 of 1977)



GENERAL CHINESE CHARITIES FUND DIRECTIONS - PARAGRAPH 5
Investment VerDate:01/07/1997


Adaptation amendments retroactively made - see 33 of 1999 s. 3

Moneys in the Account may, with the authority of the Committee, be 
invested by the Chairman in any Government securities or in such other 
securities as the Committee may specify, and interest or dividends 
received on account of investments shall be credited to the Account.

(33 of 1999 s. 3)


GENERAL CHINESE CHARITIES FUND DIRECTIONS - PARAGRAPH 6
Realization of investments VerDate:30/06/1997



The Chairman may, with the authority of the Committee, realize such part 
of the Fund's investments as the Committee may specify.



GENERAL CHINESE CHARITIES FUND DIRECTIONS - PARAGRAPH 7
Certification of advances VerDate:30/06/1997



All vouchers submitted to the Director of Accounting Services in respect 
of payments to be made out of the Fund shall be certified by the Chairman 
or his duly authorized delegate. 
(L.N. 126 of 1965; L.N. 16 of 1977)



GENERAL CHINESE CHARITIES FUND DIRECTIONS - PARAGRAPH 8
Write off VerDate:30/06/1997



The Chairman may, with the authority of the Committee, write off any asset 
or debt due to the Fund which he considers irrecoverable.



GENERAL CHINESE CHARITIES FUND DIRECTIONS - PARAGRAPH 9
Annual accounts VerDate:01/07/1997


Adaptation amendments retroactively made - see 33 of 1999 s. 3


(1)	The Chairman shall cause proper accounts to be kept of all 
transactions of the Fund and shall cause to be prepared for every period 
of 12 months ending on 31 March in each year a statement of the accounts 
of the Fund, which statement shall include an income and expenditure 
account and balance sheet and shall be signed by the Chairman. 

(2)	The accounts of the Fund and the signed statement of the 
accounts shall be audited by an auditor appointed by the Chief Executive, 
and the auditor shall certify the statement subject to such report, if 
any, as he may think fit. 

(3)	A copy of the signed and audited statement of accounts together 
with the auditor's report, if any, shall be laid on the table of the 
Legislative Council not later than 30 September next following the end of 
such period or so soon thereafter as the Chief Executive, in his absolute 
discretion, may allow. 
(L.N. 126 of 1965; 33 of 1999 s. 3)