Raffles College Provident Scheme (Continuation) Rules

Status:

Revised Edition
published on 25 Mar 1992

National University of Singapore Act

(Chapter 204, Section 11(1)(c))

Raffles College Provident Scheme (Continuation) Rules

R 2

G.N. No. S 296/1950

REVISED EDITION 1990

(25th March 1992)

[8th October 1949]

1. These Rules may be cited as the Raffles College Provident Scheme (Continuation) Rules.

2. The Provident Scheme established by section 15 of the Raffles College Ordinance and continued by section 27(1) of the Raffles College Ordinance 1938 shall continue in force, and the provisions of the Rules known as the Raffles College Provident Scheme and made under section 16 of the Raffles College Ordinance as amended by the Raffles College Ordinance 1929 and in force immediately before 8th October 1949 (referred to in these Rules as the Scheme) shall continue to apply to that Provident Scheme subject to the following modifications and amendments.

[1936 Ed.]

[Ord. 7/38]

[Ord. 12/29]

3. From and after 8th October 1949, the Scheme shall be construed and administered as if —

(a)	references to the Council of Raffles College were references to the University of Malaya;
(b)	references to a contributor or member were references to a person who was a contributor or member of the Scheme immediately before that date and continues to be a contributor or member;
(c)	references to the Board were references to the Board constituted by rule 4 to administer the Scheme;
(d)	the words “who shall be Colonial Treasurer” appearing in rule 4 of the Scheme had been deleted; and
(e)	the words “who are nominated and empowered to act under section 14 (2) of the Ordinance” in rule 5 of the Scheme had been deleted and the words “appointed by the Board” substituted therefor.

4.—(1) Notwithstanding rule 3 of the Scheme, the Scheme shall, from and after 8th October 1949, be administered by a Board of Managers consisting of the members for the time being of the Finance Committee of the Council of the University of Malaya and one contibutor to be nominated by the Senate of the University.

(2) Three of the Managers one of whom must be the Vice-Chancellor of the University shall constitute a quorum.

5. All rights conferred and trusts, obligations and duties imposed on the Council of Raffles College by the Scheme shall from and after 8th October 1949 be deemed to have been conferred on or be binding on and shall be duly exercised, performed or discharged by the University of Malays in the same manner in all respects as they were conferred or binding on and would, but for the coming into effect of the University of Malaya Ordinance, have been exercised or have had to be performed or discharged by that Council under the Scheme.

[Ord. 12/49]

6. Nothing in these Rules shall be deemed to have prejudiced or affected the rights of any person under the Scheme already accrued on 8th October 1949.

7. Nothing in these Rules shall be deemed to affect the power of the President to provide at any time for the merging of the Provident Scheme in any new Provident Scheme established by the University of Malaya under section 3 of the Constitution of the University of Malaya established under the University of Malaya Ordinance 1949 or the power of the University under section 14(3) of that Ordinance with the consent of the President to revoke or amend or add to any of the Rules of the Scheme hereby continued.

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