HONG KONG COUNCIL OF SOCIAL SERVICE INCORPORATION ORDINANCE
Gazette Number:
41 of 1999
Section:
4
Heading:
Powers of corporation
Version Date:
01/07/1997
Remarks:
Adaptation amendments retroactively made - see 41 of 1999 s. 3
The corporation shall have full power-
(a) to acquire, by purchase, lease, exchange or otherwise, hold and enjoy land, buildings, messuages of tenements of what nature or kind soever and wheresoever situate, whether in Hong Kong or elsewhere; (Amended 41 of 1999 s. 3)
(b) to acquire, by purchase or otherwise, goods and chattels of what nature or kind soever;
(c) to invest moneys on deposit in any bank in Hong Kong or in any government bonds, or on mortgage of any land, buildings, messuages or tenements in Hong Kong or elsewhere, or in or on debentures, debenture-stocks, stock, funds, shares or securities of any corporation or company carrying on business in Hong Kong or elsewhere; and (Amended 41 of 1999 s. 3)
(d) to grant, sell, convey, assign, surrender, yield up, mortgage, demise, let, reassign, transfer, or otherwise dispose of, any land, buildings, messuages, tenements, mortgages, debentures, debenture-stock, funds, securities, goods and chattels vested in the corporation, upon such terms as the corporation may deem fit.