Hospitals Acts Amendment Act 1881 No 15a (NSW)

No. III.

A n Act to amend the Hospital Acts and to

enable Trustees thereof to invest the funds

of such Hospitals. [4th October, 1881.]

WH E R E A S there are established and maintained in the Colony of N e w South Wales various Hospitals supported b y voluntary	contributions and by assistance from the Consolidated Revenue of the
Colony A n d whereas it is desirable that the Trustees of such Hospitals should have power to receive from the respective treasurers thereof such funds as the commit tees of such Hospital may f rom time to time decide shall be handed over to the Trustees thereof for the purpose o f being invested by them and also to enable the treasurer thereof to sue
for and recover fees from patients for the benefit o f such Hospitals Be it therefore enacted b y the Queen's M o s t Excel lent Majesty by and
with the advice and consent of the Legislative Counci l and Legislative
Assembly of N e w South Wales in Parliament assembled and by the
authority of the same as fol lows : —

1. I t shall be lawful for the Trustees of all Hospitals in the said

Colony to which the Acts eleventh Victoria number fifty-nine and
thirteenth Victoria number twenty now apply or to which they may
hereafter be declared to apply to invest any funds of the said Hospitals which the committee of such Hospitals shall f rom time to t ime direct the treasurer thereof to hand over to such Trustees from the funds o f any such Hospital in the hands of the treasurer or otherwise and also any moneys given or bequeathed to or arising from any donation of real or personal property to such Hospital at the discretion of such Trustees in any Government funds or debentures o f any Australian
Colony or in any debentures or debenture stock o f any Municipal

Corporation in the said Colonies or of any Bank or incorporated Company carrying on business therein or b y way of purchase of or on first mor tgage upon any freehold estate within the Colony of N e w South Wales or in Bank deposit receipts for fixed periods or otherwise with power from time to time and at any t ime to pay and transfer any such investment for or unto any other investment authorized by this A c t Provided always that it shall be lawful for the said committee with the consent of the said Trustees in their absolute discretion at any time to resort to any such investments and to sell the same for the purpose of applying the moneys to arise f rom any such sale for the purpose o f their respective institutions.

2. I t shall be lawful for the treasurer of any of the said

Hospitals to institute and prosecute in his own name for and on behalf

of the committee of such Hospital and by their direction proceedings

against any person w h o may have received medical or surgical treat­ ment in such Hospital or against the executors or administrators or the curator of the estate of any such person for the recovery of fees and remuneration for such care and attention and such proceedings may be taken cither in the District Court or Court of Pet ty Sessions of the district in which the Hospital is situated or of the district in which the person resides.

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