### Sir Edward Youde Memorial Fund Ordinance 《尤德爵士紀念基金條例》

9. Establishment of Council
(1) There is established a Council to be known as the “Sir Edward Youde Memorial Fund Council”. (Amended 30 of 1997 s. 3)
(2) The Council shall consist of—
(a) a Chairman appointed by the Chief Executive;
(b) the Secretary for Education, or his representative, as ex officio member; (Amended L.N. 130 of 2007)
(c) 5 other members appointed by the Chief Executive. (Amended 18 of 1999 s. 3)
(3) The first members appointed under subsection (2)(c) shall include Lady Youde, widow of Sir Edward Youde.

9A. Functions of Council
The Council has the following functions—
(a) to determine all matters concerning the application of the income of the Fund and the fulfilment of the Fund’s purposes; and
(b) to solicit and accept on behalf of the Board of Trustees donations, subscriptions and bequests to the Fund.
(Added 30 of 1997 s. 4)

10. Council’s powers
The Council may employ any person—
(a) to advise it on any matter arising out of or in connection with its functions under this Ordinance; or
(b) to perform any of its functions under this Ordinance.

11. Appointments under this Ordinance
(1) A person appointed by the Chief Executive under this Ordinance shall hold office for such period as may be specified in the letter of his appointment but may be removed at the discretion of the Chief Executive.
(2) The Chief Executive shall give notice in the Gazette of any appointment under this Ordinance.
(3) Any person appointed under this Ordinance may resign by giving notice in writing under his hand to the Chief Executive.
(4) A person whose appointment expires or who resigns may be reappointed by the Chief Executive.
(Amended 18 of 1999 s. 3)

12. Transaction of business by circulation of papers
The Board of Trustees and the Council may transact any of their business by circulation of papers, and a resolution in writing which is approved in writing by a majority of members shall be as valid and effectual as if it had been passed at a meeting of the Board of Trustees or Council, as the case may be.

13. Application of sections 51 and 52 of the Interpretation and General Clauses Ordinance
Sections 51 and 52 of the Interpretation and General Clauses Ordinance (Cap. 1) apply to the Board of Trustees and the Council as they apply to a committee.

### Sir Edward Youde Memorial Fund Ordinance 《尤德爵士紀念基金條例》

14. Accounts
(1) The Board of Trustees shall keep such accounts and records of the transactions of the Fund as the Director of Accounting Services may require and shall prepare for each financial year a statement of the accounts of the Fund. (Amended 30 of 1997 s. 6)
(1A) The statement shall include—
(a) an income and expenditure account for the relevant financial year;
(b) a balance sheet made up to the last day of that year; and
(c) particulars of any income received and any expenditure incurred by the Council in that year in the exercise of its function under section 9A(b). (Added 30 of 1997 s. 6)
(1B) The statement shall be signed by the Chairman of the Board of Trustees. (Added 30 of 1997 s. 6)
(2) The signed statement of the accounts of the Fund shall be submitted by the Chairman of the Board of Trustees to the auditor appointed under subsection (3) within a period of 6 months from the end of the financial year to which it relates or within such greater period as the Chief Executive may allow.
(3) The accounts of the Fund and the signed statement of the accounts shall be audited by an auditor appointed by the Chief Executive, who shall certify such statement subject to any report he may think fit to make.
(4) There shall be laid on the table of the Legislative Council on or before 31 December next following the end of each financial year or so soon thereafter as the Chief Executive may allow—
(a) a copy of the signed and audited statement of accounts together with the auditor’s report, if any;
(b) a report of the Board of Trustees on the administration of the Fund during that financial year; and
(c) such other report, if any, as the Chief Executive may see fit to make thereon.
(Amended 18 of 1999 s. 3)

15. Cost of administering the Fund
(1) All costs and expenses incurred by the Government in administering the Fund shall be a charge upon general revenue.
(2) The Financial Secretary may direct that an annual supervision fee to be determined by him shall be charged against the income of the Fund and paid into general revenue.
(3) The fee charged under subsection (2) shall—
(a) be in respect of a financial year; and
(b) not exceed 2 1/2% of the income of the Fund over that financial year.

### Royal Bank of Scotland Ordinance 《蘇格蘭皇家銀行條例》

1. Short title
This Ordinance may be cited as the Royal Bank of Scotland Ordinance.

### Royal Bank of Scotland Ordinance 《蘇格蘭皇家銀行條例》

3. Appointed day
(1)  The directors of the Bank may appoint a day for the purposes of this Ordinance:
Provided that any day appointed under this section shall not be before a licence has been granted to the Bank under section 7 of the Banking Ordinance (Cap. 155). 
(2) Not less than 14 days before the day appointed under this section the Bank shall publish in the Gazette a notice stating the day so appointed.
(3) The publication of notice under subsection (2) shall be conclusive evidence of a day being the appointed day for the purposes of this Ordinance, and a photostatic or other reproduction of a page or part of a page of the Gazette containing the notice certified by an authorized representative of the Bank shall be evidence of the publication of the notice.

4. Transfer of undertaking of Royal Bank of Scotland to the Bank
On the appointed day that part of the undertaking of Royal Bank of Scotland which is governed by Hong Kong law or the transfer of which is governed by Hong Kong law or which is derived from the Hong Kong business of Royal Bank of Scotland shall, by virtue of this Ordinance and without further act or deed, be transferred to, and vest in, the Bank to the intent that the Bank shall succeed to such part of the undertaking of Royal Bank of Scotland as if in all respects the Bank were the same person in law as Royal Bank of Scotland.

### Royal Bank of Scotland Ordinance 《蘇格蘭皇家銀行條例》

9. Retirement fund
(1) In this section the fund (該基金) means the group retirement benefit fund established in Hong Kong by policy number GPC-1093 issued by American International Assurance Company Limited to Royal Bank of Scotland.
(2) For the purposes of section 4 and without prejudice to the generality of any other provision of this Ordinance, the policies, rules, regulations and instruments constituting or relating to the fund shall, on and from the appointed day, be construed and have effect, so far as the context permits, as if for any reference therein, express or implied, to Royal Bank of Scotland (except in the name or title of the fund) there were substituted a reference to the Bank, but for the purpose of ascertaining and calculating the right to benefits under the fund, service or employment with Royal Bank of Scotland prior to the appointed day shall be taken into account as if it were service or employment with the Bank.