Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“Qualifying associations may appoint trustees; those trustees may apply to the Minister for a registration certificate; the Minister may grant a certificate and impose conditions; upon registration the trustees become a corporate body with succession, a common seal and powers to hold and deal with land subject to certif”
After incorporation, donations, gifts or dispositions of land made to the association or its trustees shall take effect as if made to the incorporated corporate body. Corporate bodies must have a common seal with a device approved by the Minister; until provided the Minister may authorise another person's seal for use. Instruments bearing the common seal, when apparently used in accordance with directions, bind the corporate body despite defects in execution. Contracts made by trustees of a body or association are valid and binding even if not executed under the trustees' common seal. A person who, in good faith and relying on an instrument bearing a corporate common seal, makes or allows a transfer or payment is entitled to be indemnified and protected for that transfer or payment. Any person interested may apply to the High Court for its opinion when a question arises whether a person is a member of such a corporate body.
02
How the instrument operates
- 01
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- 02
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- 03
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- 04
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03
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Qualifying associations may appoint trustees; those trustees may apply to the Minister for a registration certificate; the Minister may grant a certificate and impose conditions; upon registration the trustees become a corporate body wi…
Section 1
A person who, in good faith and relying on an instrument bearing a corporate common seal, makes or allows a transfer or payment is entitled to be indemnified and protected for that transfer or payment.
Section 13
The Minister may withdraw, amend or reissue certificates of registration issued under the Land (Perpetual Succession) Ordinance to make them conform to certificates issued under this Act, without prejudice to the due incorporation of any body.
Section 17
After incorporation, all trustees of the body or association remain chargeable for property that comes into their hands and must be answerable and accountable for their acts, receipts, neglects, defaults, and for the due administration of the body and its…
Section 5
A prescribed fee must be paid on every application for a certificate of incorporation and on the issue of every such certificate.
Section 9
04
Source and current-law status
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