Calendar 2000–01

making of any change therein. (4) Any person may inspect at the office of the Registrar of Companies any of the documents registered under this paragaph. (5) A fee of $5 shall be payable for registering or inspecting any document referred to in this paragraph. 6. Each Board of Trustees shall in each year, prepare and produce to the Council its audited accounts in such form and at such times as the Council may determine. 7. On the commencement of this Ordinance — ( a ) all movable property held on trust by or for each College and all immovable property held by or on behalf of the Colleges outside the precincts of the University shall vest in the Board of Trustees of the College concerned without further assurance and on the same trusts and subject to the same terms and conditions, if any, on which the same was then held; ( b ) the Board of Trustees of each College shall succeed to all rights, privileges, obligations and liabilities of the Colleges relating to the property vested in the Board of Trustees under subparagraph ( a ). # "" 1. In this Schedule, unless the context otherwise requires — “Board of Trustees” means the Board of Trustees of Shaw College incorporated under paragraph 2; “Chairman” means the Chairman of the Board of Trustees; “Council” means the Council of The Chinese University of Hong Kong; “Planning Committee” means the Planning Committee for Shaw College established by the Council under section 10(1). 2. There shall be a Board of Trustees of Shaw College which shall be a body corporate and shall have the name of “The Trustees of Shaw College” and in that name shall have perpetual succession, and may sue and be sued, and shall have and use a common seal. 3. (1) The Board of Trustees shall hold in trust and administer for the benefit of Shaw College the movable property which is vested in the Board of Trustees by the University. (2) Subject to subparagraph (3), the Board of Trustees may, for the purpose of the trust under subparagraph (1), exercise the powers conferred on trustees by the Trustee Ordinance. (3) The Board of Trustees shall not, without the prior approval of the Council, which may be subject to such conditions as the Council thinks fit, accept any gift for the benefit of Shaw College. (4) The Board of Trustees shall make written provision for its procedure in the transaction of business, the discharge of its aims and duties, the Accounts. Transitional provisions. Interpretation. Incorporation of Board of Trustees. Powers and duties of Board of Trustees. (Cap. 29.)