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There are outstanding changes not yet made by the legislation.gov.uk editorial team to Patriotic Fund Reorganisation Act 1903. Any changes that have already been made by the team appear in the content and are referenced with annotations.
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1The Corporation shall consist of the following persons, namely:—
(a)Twelve members nominated by His Majesty by warrant under the sign manual, who shall be appointed for a term of three years, but shall be eligible for re-appointment, and who are referred to as “appointed members.”
(c)The chairman for the time being of every council of a [F1region and islands area] Provided that a [F1regional or islands] council may, if the chairman is unable or unwilling to act, appoint some other person in place of the chairman to be a member of the Corporation, and any person so appointed shall hold office for one year from the time of his appointment.
(d)Every person for the time being entitled to the style of Lord Mayor . . . F2[F3and the chairman of every district council in Northern Ireland established under the M1Local Government Act (Northern Ireland) 1972].
[F4(b)The lord-lieutenant for each county and the lord-lieutenant of Greater London.
(c)The chairman for the time being of the council of every county and every metropolitan district and of the Greater London Council:
[F5and of the council of any London borough that has a mayor and cabinet executive or a mayor and council manager executive;]
Provided that any such council may, if the chairman is unable or unwilling to act, appoint some other person [F6(other than a member of an executive)]to be a member of the Corporation, and any person so appointed shall hold office for one year from the time of his appointment.
The Lord Mayor of London and the mayor for the time being of every London borough [F7that does not have a mayor and cabinet executive or a mayor and council manager executive].
Any other person for the time being entitled to the style of Lord Mayor.]
Every person for the time being entitled to the style of Lord Provost . . . F8
Any number of persons not exceeding seven whom the council of the Corporation may think fit to co-opt as members, each of whom shall have been nominated as the representative of a charitable fund founded for the like purposes as the Corporation [F9but none of whom shall be a member of the executive].
[F10Two members appointed on the recommendation of the Minister of Pensions by His Majesty by warrant under the sign manual.]
Annotations are used to give authority for changes and other effects on the legislation you are viewing and to convey editorial information. They appear at the foot of the relevant provision or under the associated heading. Annotations are categorised by annotation type, such as F-notes for textual amendments and I-notes for commencement information (a full list can be found in the Editorial Practice Guide). Each annotation is identified by a sequential reference number. For F-notes, M-notes and X-notes, the number also appears in bold superscript at the relevant location in the text. All annotations contain links to the affecting legislation.
Modifications etc. (not altering text)
2 . . . F11 the appointed members shall be selected as follows; namely, six members shall be appointed by His Majesty by warrant under the sign manual, and the remaining six members shall be co-opted by the general council, and the members so appointed or co-opted shall hold office for a term of three years, but shall be eligible for re-appointment or co-optation by His Majesty or by the council.
Where any vacancy occurs by death, resignation, effluxion of time or otherwise in the office of any member so appointed or co-opted, the vacancy shall be filled by appointment by His Majesty or by co-optation, as the case may be. Any member so appointed or co-opted shall hold office for three years, and shall be eligible for re-appointment or co-option.
3The powers and duties of the Corporation shall be exercised and performed by the general council of the Corporation, consisting of the whole of the members, and by an executive committee appointed from among the members.
4The general council shall meet once at least in every year, and shall also meet when required to meet by a requisition in writing signed by not less than ten members of the Corporation, and seven members shall constitute a quorum of the general council.
5(a)One of the members of the Corporation appointed by the Crown shall be nominated by the Crown as president of the council.
(b)The chairman of the executive committee shall be elected by the committee and shall be the vice-president of the council.
6The executive committee shall consist of not less than twelve nor more than [F12twenty-two members] of the Corporation, of whom three shall constitute a quorum. Four members in the first instance, and thereafter one member of the committee shall be appointed by the Treasury, [F13four by the Secretary of State for Defence], and the remaining members shall be appointed by the general council.
7The business and affairs of the Corporation shall be conducted by the executive committee under the control of the general council, who may make general rules for, or give special directions to, the committee, but subject to any such rules or directions the committee shall regulate their own procedure. General rules made by the council may provide for the formation of local committees for purposes connected with the fund (the members of which need not be members of the Corporation), and may regulate the functions of those committees, and may provide for other matters incidental to the due conduct of the business of the Corporation.
8The Paymaster-General shall be the treasurer of the Corporation, and he shall keep such accounts on behalf of the Corporation as the Treasury may from time to time direct.
9All securities belonging to the Corporation shall be deposited in the Bank of England for the credit and at the disposal of the Corporation, and all interest and dividends accruing on such securities shall from time to time be received by the Bank of England, and shall be carried by them to the cash account of the Paymaster-General in their books.
10On the sale at any time under the authority of the Corporation of any annuities, stocks, funds or securities standing to their account in the books of the Bank of England, and of any securities belonging to the Corporation deposited with the Bank of England, the proceeds of the sales shall be received by the Bank, and shall be carried by them to the cash account of the Paymaster-General in their books.
11The accounts of the receipts and expenditure of the Corporation shall be audited in such manner and by such persons as the Treasury may from time to time direct.
12The Corporation may employ a secretary, clerks and servants at salaries, and the said salaries and all other proper expenses of the Corporation shall be paid out of the funds at the disposal of the Corporation.
13The general council may establish a scheme of pensions for persons in the permanent employment of the Corporation, and for that purpose may create a superannuation fund, one half of which shall be furnished by contributions from the beneficiaries, and the other half of which shall be furnished from the funds at the disposal of the Corporation.
14The Corporation may from time to time solicit and receive contributions from the public and donations of property for the purposes of the Corporation, and may also receive any such sums as may be granted by Parliament.
Modifications etc. (not altering text)
15The Corporation shall in each year make a report of their proceedings to His Majesty.
[F1416In paragraph 1, “executive”, “mayor and cabinet executive” and “mayor and council manager executive” have the same meaning as in Part II of the Local Government Act 2000.]
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