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Victoria Institution Trust Fund Enactment 1937

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Short Title
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This Enactment may be cited as the Victoria Institution Trust Fund Enactment, 1937.

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Definitions.
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In this Enactment

“Committee” means the C0mmittee referred to in section 4 of this Enactment;

“Resident” means the person from time to time appointed to be or to act or to officiate as British Resident of the State of Selangor;

“Secretary to Resident” means the person from time to time appointed to be or to act or to officiate as Secretary to the Resident;

“Victoria Institution” means the Institution referred to in the preamble to the Victoria Institution Acquisition Enactment, 1925, and such school or other Institution as may from time to time be provided or established by Government to take its’ place.

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Continuance of Trusts Under Enactment 2 of 1925
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Notwithstanding anything contained in or omitted from the Revised Edition of the Laws Enactment 1932 (Enactment Nos. 15 of 1982 and 36 of 1933) and in or from the revised edition of the Enactment of the Federated Malay States as therein defined all the funds set forth in the Third Schedule to the Victoria Institution Acquisition Enactment, 1925 (Enactment No. 2 of 1925) and the proceeds of such funds shall be deemed to be and to have continued on and since the 20th day of February, 1936, to be vested in the Secretary to Resident to be applied in and for the trusts and purposes more particularly mentioned in the said schedule.

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Continuance of Committee Under Enactment 2 of 1925
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Subject to the provisions in this Enactment contained

(i) the Committee appointed by the Resident under section 5 of the said Victoria Institution Acquisitions Enactment 1925 and existing on the 19th day of February, 1936, shall subject to any modification of its personnel due from time to time to any cancellation of appointment and fresh appointment made or purported to have been made by the Resident in intended execution of the powers conferred upon him by the said section of the said Enactment be and shall be deemed to have continued to be a Committee appointed for the purposes and having the powers in the said section of the said Enactment referred to;

(ii) any act whatsoever done by the said Committee in purported execution of powers referred to in the said section 5 of the said Victoria Institution Acquisition Enactment 1925 shall remain and be as valid and lawful as if the said Enactment had remained in force on and after the said 20th day of February, 1936;

(iii) the Resident shall be deemed to have had on and after the 20th day of February, 1936, and shall continue to have and to exercise the powers of cancellation of appointment and of fresh appointment conferred upon him by the said section 5 of the said Victoria Institution Acquisition Enactment 1925:

(iv) the Secretary to Resident shall be deemed to have on and after the 20th day of February, 1936, and shall continue to have and to exercise the powers conferred upon him by the said Victoria Institution Acquisition Enactment 1925 subject to the restriction imposed by section 5 (ii) of the said Enactment.

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Other Property Which May He Held in Trust
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Any movable or immovable property whatsoever which at any time has been or is settled devised bequeathed given or otherwise transferred or offered for purposes connected with the Victoria Institution shall if the Resident consents to the acceptance on behalf of the said Victoria Institution of such property settled devised bequeathed given or otherwise transferred or offered as aforesaid immediately upon the publication of such consent in the Gazette vest in the Secretary to Resident to be applied in and for the trusts and purposes set out in any such settlement devise bequest gift transfer or offer or if no such trusts or purposes are so set out then for such trusts or purposes as on the recommendation of the Committee the Resident shall by notification in the Gazette approve.

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Alteration or Amendment of Trusts
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From the date on which this Enactment comes into force it shall be lawful for the Resident on the recommendation of the Committee that circumstances render it necessary so to do to approve by notification in the Gazette any alteration or amendment in the trusts or purposes for which any property is held in trust under the provisions of this Enactment:

Provided that so far as circumstances permit such trusts and purposes as so altered or amended shall be consistent with any wishes expressed by the person who settled devised bequeathed gave or otherwise transferred or offered such property and that where any trust fund or property has been known by any particular name such name shall so far has may be possible continue to be used in connexion with any such trusts and purposes as so altered or amended.

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Trustee Enactment to Apply
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Except in so far as this Enactment otherwise provides the Trustee Enactment of the Federated Malay States shall apply to the trusts vested in the Secretary to Resident under this Enactment.

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List of Funds to be Published in the Gazette Yearly
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Once in every year on such date as the Resident may direct the Secretary to Resident shall publish in the Gazette a list signed by himself and by at least two other members of the Committee and showing the name or description of each fund vested in the Secretary to Resident under this Enactment the capital value of each such fund and the trusts and purposes for which it is being held on the date on the date on which such list is signed.

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