1. To promote the advancement of the study of the liver.
2. To co-ordinate and correlate the efforts of organizations, companies, associations, societies, institutions, statutory bodies and other authorities and individuals interested in the causes, diagnosis, prevention and treatment of diseases of the liver with a view to reducing morbidity and mortality therefrom in Hong Kong.
3. To promote, foster, develop and assist medical and allied professions in the study of and acquisition, dissemination and application of knowledge and information concerning the causes, diagnosis, prevention and treatment of diseases of the liver.
4.  In furtherance of the objects of the Association to encourage, stimulate and aid research in liver problems and investigation into the causes and treatment of diseases of the liver and to disseminate the research findings to the public.
5.  To stimulate public interest and provide public education in the prevention and treatment of diseases of the liver and their related problems and to assist in keeping the medical profession in Hong Kong up to date in the latest developments in the field of medical and scientific research and methods of diagnosis, prevention and treatment of diseases of the liver.
6. To encourage, assist and arrange for medical practitioners, scientists, students and others to come to Hong Kong for the purposes of research and study and for the purposes of teaching and demonstrating therapy and practice relating to the causes, diagnosis, prevention and treatment of diseases of the liver and to disseminate the research findings to the public.
7. To encourage, assist and arrange for the medical practitioners, scientists, students and others to travel abroad and engage in research study and training and to gain experience in modern methods of diagnosis, prevention and treatment of diseases of the liver and to disseminate the research findings to the public.
8. To encourage, arrange for and assist students, medical practitioners, scientists and others from Hong Kong and from abroad to undertake research in the basic sciences, diagnosis, prevention and treatment of diseases of the liver and to acquire training in methods of research in fields of liver problems and to disseminate the research findings to the public.
9.  To co-operate with other bodies and organizations both within Hong Kong and overseas having objects in whole or in part similar to the objects of the Association.
10. To establish, subsidise, promote, co-operate with, receive into union or affiliation, subscribe and donate to or become a member of, control, manage, superintend or give monetary assistance to or otherwise aid associations, institutions and organizations incorporated or not incorporated and whether within Hong Kong or elsewhere with objects substantially similar to these objects provided that the Association will not support with its funds any object, or endeavour to impose on or procure to be observed by its members or others, any regulation, restriction or condition which if an object of the Association would make it a Trade Union provided further that the associations, institutions and organizations shall prohibit the distribution of their income and property among their members to an extent at least as great as is imposed on the Association under or by virtue of Clause 4 thereof.
11. To encourage, arrange, form, promote, establish and support non-profit making special dispensary facilities, infirmaries, clinics and institutions for the care, treatment and convalescence of persons suffering from diseases of the liver.
12. For the purpose of furthering the objects of the Association to raise money by all lawful means and to solicit, receive and enlist financial and other aid from individuals, trusts, companies, corporations, associations, societies, institutions and other organizations or authorities and from Governments, Departments of State and public bodies and to conduct fund-raising campaigns.
13. To promote, obtain and achieve any of the objects of the Association by or through the facilities available in any public or private hospital, established university, recognised medical, scientific or research institute, council, faculty, school or like institution and to make outright donations of money, apparatus and equipment and give subsidies to the same provided that the recipients shall prohibit the distribution of their income and property among their members to an extent at least as great as is imposed on the Association under or by virtue of Clause 4 thereof.
14. To arrange or provide monetary assistance for and establish scholarships, make donations and offer prizes or other awards or distinctions to students, medical practitioners, scientists and other persons for the purposes of research and study or for the purposes of teaching and demonstrating their professional skill in and knowledge of methods of diagnosis, prevention and treatment of diseases of the liver.
15. In furtherance of these objects of the Association to make such grants to or in aid of or to make donations or give assistance to or to make contracts with such individuals, trusts, corporations, association, societies, institutions or other organizations or authorities whether within or outside Hong Kong.
16. On a non-profit making basis, to undertake all such measures for the care, aid, protection, education and rehabilitation of persons suffering from diseases of the liver as the Council from time to time may determine.
17. To make known and further the objects and activities of the Association by the publication and distribution of non-profit making papers, journals and other publications and by advertising in any medium or by any means.
18. In furtherance of the objects of the Association as far as the law will permit and subject to the provisions of any relevant statute, rule, regulation or by-law and/or any licence issued in pursuance thereof to collect funds and to solicit, receive, enlist and accept financial and other aid, subscriptions, donations and bequests from individual, trusts and other organizations or authorities, and from Governments and public bodies.
19. In furtherance of the objects of the Association but not otherwise, to draw, make, accept, endorse, discount, negotiate, execute and issue promissory notes, bills of exchange, and other negotiable or transferable instruments.
20. In furtherance of the objects of the Association but not otherwise, to build, establish, maintain, manage or operate non-profit making hospitals, sanatoria, nursing homes, clinics, dispensaries, laboratories, research units and hostels.
21. To borrow or raise or give security for any moneys required for the objects of the Association upon such securities as may be determined and in such manner as the Association shall think fit and in particular by the issue of or upon bonds, debentures, bills of exchange, promissory notes or other obligations or securities of the Association or by mortgage or charge upon all or any part of the property of the Association both present and future.
22. To invest the moneys of the Association not immediately required for its objects in or upon such investments, securities our property in a reasonable and prudent manner.
23. In furtherance of the objects of the Association :
1.  To arrange, engage in and carry on general or particular research work upon such lines as the Council may from time to time determine and to disseminate the research findings to the public and to acquire, erect, equip, maintain and conduct such non-profit making laboratories and other facilities as may be deemed desirable.
2.  Subject to Clause 4 hereof, to employ and engage clerks, servants and persons whose service may be deemed necessary or desirable for the objects of the Association.
3. To purchase, take on leave, or in exchange, hire or otherwise acquire any real or personal property, and any rights or privileges which the Association may think necessary or convenient for the objects of the Association.
4. To manage, maintain, improve, and develop all or any part of the property, land, building or buildings of Association and to operate or use in conjunction or co-ownership with others, lease, mortgage, underlet, exchange, surrender, sell, turn to account or otherwise deal with and dispose of the same or any part or parts thereof or interest therein, for such consideration and on such terms and conditions as the Association may think fit.
24. To promote, establish, superintend, conduct, control and assist within Hong Kong branches, committees and other forms of organization and administration for the objects of the Association.
25. To assist in any way deemed desirable by the Council any other body or organization in connection with the conduct of any research or similar work which the Council consider to be conducive to the attainment of any objects of the Association and to disseminate the research findings to the public.
26. To undertake and execute any trusts the undertaking whereof the Council may determine necessary or desirable for the carrying out of any of the objects of the Association and to accept any gift, endowment, bequest for devise made to the Association generally or for the purpose of any specific object and to carry out any trusts attached to any gift, endowment, bequest or devise providing that the Association shall only deal with any property which is subject to any trusts in which manner as is allowed by law having regard to such trusts.
27. To take all necessary or proper steps with the authorities, national, local municipal or otherwise, of any place in which the Association may have interests, and to carry on any negotiations or operations for the promoting of the objects of the Association or effecting any modifications in the Memorandum and Articles of Association of the Association, and to oppose any steps taken by any other company, firm, person or body which may be considered likely to prejudice the objects of the Association.
28. In furtherance of the objects of the Association but not otherwise, to collect and disseminate information regarding members of the Association and information of any event or happening.
29. In furtherance of the objects of the Association but not otherwise, to organize and hold non-profit making lectures, discussions, debates and other meetings and to arrange concerts, exhibitions, play and cinema show for the purpose of fund-raising.
30. To open and operate any banking account or accounts with any bank or banks for the objects of the Association, and for such purposes to make, give, accept, endorse, transfer, discount and negotiate bills of exchange, promissory notes, cheques or other similar instruments.
31. From time to time to make, rescind, add to or amend such by-laws or regulations not inconsistent with any ordinance or with the memorandum and articles of association of the Association for the time being in force for the regulation or control of any of the property or affairs of the Association as deemed necessary or desirable by the Council.
32. To do all such other lawful things as are incidental or conducive to the attainment of the above objects or any of them. Provided that :
1. in case the Association shall take or hold any property which may be subject to any trusts, the Association shall only deal with or invest the same in such manner as allowed by law, having regard to such trusts;
2. the objects of the Association shall not extend to the regulation of relations between workers and employers or organisations of workers and organisations of employers; and
3.  the powers set forth in the Seventh Schedule of the Companies Ordinance (Cap. 32) of the Laws of Hong Kong are hereby excluded.