Archie Zimmern Memorial Fund

1. | In these Rules:- | |
(1) | Bar Council", except when used in Rule 11, includes any sub-committee appointed under Rule 3. | |
(2) | "Loan" means a loan provided or to be provided from the Fund. | |
(3) | "Grant" means a grant provided or to be provided from the Fund. | |
(4) | "The Ordinance" means the Legal Practitioners Ordinance (Cap.159, L.H.K. 1981 Ed.) and all amendments thereto. | |
(5) | "Barrister" means a barrister within the meaning of the Ordinance. |
2. | The fund herein referred to shall be known as The Archie Zimmern Memorial Fund (hereinafter called "The Zimmern Fund"). | ||||||||||||||||||||||||
3. | The Bar Council shall administer the Zimmern Fund and shall be at liberty from time to time to delegate such administration or any aspect or aspects thereof to a sub-committee consisting of the Chairman of the Bar Council and 2 practising members of the Bar. | ||||||||||||||||||||||||
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5. | An application for a Loan or Grant shall be made by completing an Application Form and delivered to the Honorary Secretary of the Hong Kong Bar Association. | ||||||||||||||||||||||||
6. | Upon receipt of an application for a Loan or Grant, the Bar Council shall in due course consider the same and may:-
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7. | The Bar Council shall not finally approve nor cause to be effected any Loan or Grant unless the majority of its members present when such decision is taken (the Chairman having a casting vote) are satisfied that:-
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8. | The amount, duration and all other terms and conditions as to the making and repayment of each Loan (including the rate of interest, if any) shall be in the Bar Council's absolute discretion save that:-
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9. | In no single case shall the amount of each Grant exceed two-thirds of the capital comprising the Zimmern Fund. | ||||||||||||||||||||||||
10. | Upon final approval of any Loan or Grant the Bar Committee shall in due course cause payment to be effected to the applicant and on receiving payment the applicant shall in writing and by his signature acknowledge receipt of such payment and the terms and conditions upon which the Loan or Grant is made. | ||||||||||||||||||||||||
11. | Amendments and additions to these Rules may be made by the Bar in General Meeting or alternatively by resolution of the Bar Council, which shall be operative forthwith, but may be revoked or amended by the Bar in General Meeting. |