Document ID: chunk:federal_register_of_legislation:C2004C00357:clause:3_21
Version: federal_register_of_legislation:C2004C00357
Segment Type: clause
Provision Reference: sch 3 cl 21
Character Range: 27436–28647

21  Power of Minister to give directions to Trust

 (1) For the purpose of facilitating the sale of the rights, property or assets of the Trust and winding up the affairs of the Trust, the Minister may give directions to the Trust in respect of the performance of its functions and duties, and the exercise of its powers, under this Division and under the Ordinance, and the Trust shall comply with any such directions.

 (2) If the Trust fails to comply with a direction given to it by the Minister under subsection (1), the Minister may, by instrument in writing under his hand, remove any one or more of the members of the Trust from office.

 (3) Where the Minister removes a member of the Trust from office under subsection (2), the Minister may appoint another person as a member of the Trust in place of the member so removed, whether or not the other person would be eligible for appointment under the Ordinance, and a person so appointed holds office during the pleasure of the Minister.

 (4) If a member of the Trust who is removed from office by the Minister under subsection (2) was the Chairman of the Trust, the Minister may appoint another member of the Trust to be the Chairman of the Trust.