Government ofKerala
Reg . No. രജി. നമ്പർ KL/TV (N)/ 12/2006-2008 കേരള സർക്കാർ 2007
KERALA GAZETTE
കേരള ഗസററ്
PUBLISHED BY AUTHORITY
ആധികാരികമായി പ്രസിദ്ധപ്പെടുത്തുന്നത്
Vol. LII
Thiruvananthapuram, Tuesday
No.
3rd July 2007 2007 ₪ 3
27 വാല്യം 52
തിരുവനന്തപുരം, ചൊവ്വ
നമ്പർ
1929 ആഷാഢം 12 12th Ashadha 1929
PART I
Notifications and Orders issued by the Government
DRAFT VESTING ORDER
General Education Department General Education (S)
NOTIFICATION
No. 15703/S1/2007/G.Edn. Thiruvananthapuram, 30th May 2007 .
Inexercise ofthe powers conferred by sub- section ( 1 ) of section 4 of the Charitable Endowments Act, 1890 (Central Act 6 of 1890) , the Government of Kerala hereby order that the property specified in column (2 ) of the Schedule appended hereto belonging to the Endowment mentioned in column (1) thereof, shall be vested with the Treasurer of Charitable Endowments , Kerala and under sub- sections ( 1 ) and ( 3 ) of section 5 of the said Act , the Government of Kerala,Kerala , hereby settle the following Scheme for the administration of the said property and appoint the date of publication of the final notification to be the date on which the said Scheme shall come into operation , namely:-
The following draft of the Vesting Order and Scheme, which the Government of Kerala propose to issue and settle in exercise of the powers conferred by sub- section ( 1) of section 4 and sub- section (1 ) of section 5 of the Charitable Endowments Act, 1890 (Central Act 6 of 1890), is hereby published as required by rule 3 of the Charitable Endowments (Kerala) Rules, 1966 , for information of all persons likely to be affected thereby.
DRAFT SCHEME
1. The Endowment shall be called " Late PremG. Chand Memorial Award for Drawing and Painting" .
2. The corpus of the Endowment shall consist of Rs . 5,000 (Rupees five thousand only) and shall be vested with the Treasurer of Charitable Endowments , Kerala .
3. The corpus of the Endowment shall be invested in any long term securities of the Govern- ment of India or of the Government of Kerala or in any of the securities approved by the Government .
Notice is hereby given that the said draft will be taken up for consideration on or after the sixtieth day from the date of publication of this notification and that any objection or suggestion which may be received from any person with respect of the said draft before the expiry of the period specified above will be considered by the Government . Objections and suggestions if any, shall be addressed to the Secretary to Government of Kerala, General Educarion (S) Department, Govern ment Secretariat, Thiruvananthapuram-1 .
4. The Headmaster, Kalady Government High School, Karamana P. O. , Thiruvananthapuram shallbe the Administrator of the Fund .
5. The annual interest accruing on the fund shall be utilized during the succeeding year for awarding a prize to the student who got first prize inpencil drawing and painting in the School Youth Festival.
6. The prizes shall be awarded on the occasion or of the School Day Celebration any other suitable occasion in the academic year itself decided by the Administrator and thereafter the fact of such award with relevant particulars shall be published in the notice board of the School for information of the public.
7. If, in any year , more than one student sfound eligible for the first prize by securing the same number ofmarks , then the amount of the prize shall be equally divided among them.
8. Requisition for payment of annual interest shall be send by the Administrator at any time not later than two months prior to the date fixed for award of the prize and the Treasurer of Charitable Endowment shall thereupon arrange to place the annual interest to the disposal of the Administrator .
9. If in any year the interest is not utilized as provided in clause 5 above or if the prizes are not awarded owing to the non -availability of suitable candidates or for any other reason or if any surplus is left after awarding the prizes , such amount shall be added on the corpus of the fund by the Treasurer of Charitable Endowments , unless its payment is allowed by the Treasurer in exceptional cases on the specific recommendation of the Controlling Authority specified in clause 10 of the scheme .
10. If any doubt or dispute arises regarding the meaning or interpretation of the provisions of the Scheme, it shall be referred to the Director of Public Instruction whose decision thereon shall be final .
SCHEDULE
Name of Endowment Details ofProperty
(2)
Rs. 5,000 ( Rupees Five Thousand only)
"Late PremG. Chand Memorial Award for Drawing and Painting"
By order of the Governor , JAMES VARGHESE, Secretaryto Government .