Kerala Gazette No. 46 dated 20th November 2007 .
PART I
Section iv GOVERNMENT OF KERALA
General Education ( S) Department
NOTIFICATION
G. O. (Ms.) No. 175 /2007/ G.Edn .
Dated, Thiruvananthapuram, 1st October 2007 .
S. R. O. No. 949/2007 . In exercise of the 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) thercof, 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 hereby settle the following Scheme for the administration of the said property , the same having been proviously published in Part I of the Kerala Gazette No. 22 dated the 29th May , 2007 under rule 3 of the Charitable Endowments (Kerala) Rules , 1966 and appoint the date of publication of this notification to be the date on which the said Scheme shall come into operation , namely :-
SCHEME
1. The Endowment shall be Family Endowment ." called " S. Parameswara Iyer& 2. The corpus of the Endowment shall consist of Rs . 20,000 (Rupees Twenty 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 Government of India , or the Government of Kerala or n any of the securities approved by the Government .
4. The Headmaster of Sree Moola Vilasam Government Model Higher Secondary School , Thiruvananthapuram shall be the Admini- strator of the Fund .
5. The annual interest accruing on the fund shall be utilized during the succeeding year for free mid- day meal programme .
G.1019/ 2007/G .
2
6. Requisition for payment of annual interest shall be sent by the Administrator at any time not later than two months prior to commencement of the academic year and the Treasurer of Charitable Endowment shall thereupon arrange to place the annual intcrest to the disposal of the Administrator .
7. If, in any year, the interest is not utilized as provided in clause 5 above or for any other reason or if any surplus is left 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 8 of the Scheme .
8. 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 of property (1)
(2)
"S. Parameswara Iyer and Family Endowment"
Rs. 20,000 (Rupees Twenty- thousand only)
By order of the Governor, JAMES VARGHESE , Secretary to Government .
Explanatory Note
(This does not form part of the notification , but is intended to indicat its general purport . )
The Headmaster , Sree Moola Vilasam Government Model Highe Sccondary School , Thiruvananthapuram , has forwarded a draft Scheme for the institution of an Endowment by name " S. Parameswara Iyer and Family Endowment" The Director of Local Fund Audit and the Treasurer ofCharitable Endowments have approved the Scheme . The preliminary notification under rule 3 of the Charitable Endowments ( Kerala ) Rules , 1966 for the purpose was published as Notification No. 5861 /S1 /2007 / G.Edn. datel the 15th April, 2007 in Part I of the Kerala Gazette No. 22 dated the 29th May 2007. No objection or suggestion was received from any person within the time limit specified . Hence , the Government have accepted the endowment for institution .
This notification is intended to achieve the above object .