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Chapter: | 1095
![]() | Title: | HONG KONG COUNCIL OF THE CHURCH OF CHRIST IN CHINA INCORPORATION ORDINANCE | Gazette Number: | L.N. 197 of 2004 |
| Section: | 6 | Heading: | Vesting of property | Version Date: | 12/02/2005 |
(1) All those pieces or parcels of ground the particulars whereof are contained and more particularly described in the first column of the Schedule together with all rights, easements and appurtenances thereunto belonging or appertaining shall upon registration by the corporation in the Land Registry of a memorial of this Ordinance be transferred to and be vested in the corporation for the residues now unexpired of the terms created therein by the Crown Leases thereof respectively, subject to the payment of the rents reserved by the said Crown Leases respectively and the performance and observance of the lessees' covenants and the conditions therein contained, and subject also to such mortgages, charges, leases, tenancies and other agreements (if any) and upon such trusts, conditions and stipulations, as may be subsisting in relation to such premises upon the commencement of this Ordinance. (Amended 8 of 1993 s. 2; 20 of 2002 s. 5)
(2) On the coming into operation of this Ordinance all other property goods and chattels and rights which immediately before the commencement of this Ordinance were held in trust for The Hong Kong Council of the Church of Christ in China shall be transferred to and become vested in the corporation.