Contents of Section

Chapter:

1077 PDFTitle:BREWIN TRUST FUND ORDINANCEGazette Number:
Section:4Heading:Object of trust fundVersion Date:30/06/1997

(1) Subject to this section, the trustee shall hold and stand possessed of the fund upon trust to apply the fund in such manner and to such extent as the committee may direct for the object of the maintenance and benefit of-

        (a) widows, widowers and orphans resident in Hong Kong; and
        (b) workmen (including females) who, having been employed in Hong Kong, have become wholly or in part incapacitated for work by reason of age, sickness, disablement or otherwise,
who appear to require such maintenance and benefit in the opinion of-
          (i) the committee;
          (ii) in the case of a direction given under subsection (2)(a), the trustee;
          (iii) in the case of a direction given under subsection (2)(b), the Government department or charitable institution specified in the direction.
(2) The committee may give a direction in writing to the trustee-
        (a) to apply for the object specified in subsection (1), and subject to the terms and conditions, if any, specified in the direction, such amount of the moneys of the fund as is specified in the direction; or
        (b) to allocate to a Government department or charitable institution specified in the direction such amount of the moneys of the fund as is specified in the direction for the purpose of the application of those moneys-
          (i) by that department or institution;
          (ii) for the object specified in subsection (1); and
          (iii) subject to the terms and conditions, if any, specified in the direction.
(3) Where a direction is given under subsection (2)-
        (a) the trustee shall comply with that direction; and
        (b) in the case of such a direction given under paragraph (b) of that subsection-
          (i) the trustee shall give a copy of the direction to the Government department or charitable institution specified in the direction; and
          (ii) that Government department or charitable institution shall apply the moneys specified in the direction for the object specified in subsection (1) subject to the terms and conditions, if any, specified in the direction.
(Replaced 21 of 1994 s. 3)