Calendar 2010–11

258 Part 7 • University Ordinance and Regulations Part 7 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). 8. (Repealed 59 of 1986 s. 4) (59 of 1986 s. 4) Schedule 4 [s. 20(3)] Constitution AND POWERS OF THE BOARD OF TRUSTEES of Shaw College (18 of 2007 s. 5) 1. Interpretation In this Schedule, unless the context otherwise requires— “Board of Trustees ” ( 書院校董會 ) means the Board of Trustees of ShawCollege incorporated under paragraph 2; “Chairman” ( 主席 ) means the Chairman of the Board of Trustees; “Council” ( 大學校董會 ) means the Council of The Chinese University of Hong Kong; “Planning Committee” ( 籌劃委員會 ) means the Planning Committee for Shaw College established by the Council under section 10(1). 2. Incorporation of Board of Trustees 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. Powers and duties of Board of Trustees (1) The Board of Trustees shall hold in trust and administer for the benefit of ShawCollege 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 (Cap 29). (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.