Section 6

All the moneys subscribed for the purpose of founding the said Kwong-Wai-Shiu Free Hospital, and all property movable or immovable purchased with such moneys shall be vested in the corporation, and the same and all subscriptions and donations to the said hospital or to the corporation received, or to be received, shall be held by the trustees in trust for the purposes in this Ordinance declared.

The trustees shall not sell, exchange, mortgage, or otherwise alienate or encumber any immovable property without the leave of the High Court: Provided always that no application to the High Court shall be made without a resolution being first passed at a meeting of the committee held for such purpose.

Such leave shall be applied for by petition addressed to the court, setting out the facts and reasons for which the said body corporate desires to sell, exchange or mortgage, or otherwise alienate or encumber the lands, and praying for a decree of the court as in a suit relating to charities.

A copy of every such petition shall be served on the Attorney-General a reasonable time before the hearing of the petition.

The Attorney General may oppose the prayer of the petition, and if, after hearing him, the court is of opinion that it will be for the general advantage of the hospital, and the people for whose benefit the hospital is maintained, to grant the prayer of the petition, the court may make a decree to that effect.

The application to the court and the decree of the court shall be set out on the face of the assignment, mortgage, or other assurance of the lands to be given to the purchaser, mortgagee or other person.

Any lands so sold, exchanged or otherwise alienated, except by way of mortgage, shall be held by the purchaser or person exchanging or otherwise taking the land free of the trusts imposed under this Ordinance.

In the event of the discontinuance or closing of the hospital by reason of the want of sufficient funds or support, or for other reasons, all the funds and other property, movable or immovable, and assets of the corporation shall be liquidated, distributed or applied for the benefit of indigent persons connected with the Kwong-Chau, Wai-Chau and Shiu-heng prefectures of the Canton Province of China in such manner as is decided by a resolution to be approved and passed by the majority of members present at a special general meeting to be convened for such purpose and to be confirmed by the Minister.