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Chinese Temples Fund Regulations

Consolidated Text Cited in Versions 3 Amendments 1 Related
Statutory Instrument No.Cap. 153 sub. leg. A
Year2019
Type of DocumentSubsidiary Legislation

( Cap. 153, section 3(1)(b) )

1Citation

These regulations may be cited as the Chinese Temples Fund Regulations.

2Interpretation

In these regulations, unless the context otherwise requires—

Account ( 帳戶 ) means the account “Deposits—Chinese Temples Fund” established by regulation 5 ;

Chairman ( 主席 ) means the Chairman of the Chinese Temples Committee;

Committee ( 委員會 ) means the Chinese Temples Committee constituted by section 7 of the Ordinance;

Fund ( 基金 ) means the Chinese Temples Fund referred to in regulation 3 .

3Chinese Temples Fund

The Chinese Temples Fund shall consist of—

  1. the revenues of all Chinese temples other than those specified in the Schedule to the Ordinance; and
  2. any donations and voluntary contributions thereto.
4Control and application

The Fund shall be controlled by the Chairman and applied in accordance with the provisions of section 8 of the Ordinance.

5Maintenance of Fund

All moneys due to the Fund shall be paid to the Director of Accounting Services who shall credit them to an account entitled “Deposits—Chinese Temples Fund”.

6Investment

Moneys in the Account may, with the authority of the Committee, be invested by the Chairman in any Government securities or in such other securities as the Committee may specify, and interest or dividends received on account of investments shall be credited to the Account.

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