SECTION |
TITLE |
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[Unlabeled text in the form of a preamble] |
1. |
Definitions
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2. |
Continued existence of the Corporation
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3. |
Composition of North-West Development Corporation Limited Board of
Directors, appointment and termination of appointment of directors, and
remunerations, etc. of directors of the Board |
4. |
Chairperson and vice-chairperson of Board |
5. |
Acts, resolutions and proceedings of Board not invalidated in certain circumstances
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6. |
Meetings of Board and notice of meetings |
7. |
Quorum and decisions of Board, and voting powers of chairperson
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8. |
Procedure when Board unable to meet timeously in respect of urgent business
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9. |
Minutes of Board |
10. |
Commercial and other interests of directors in matters dealt with by Board
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11. |
Managing Director of Corporation
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12. |
Deputy Managing Director
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13. |
Officers, employees and other staff of Corporation |
14. |
Matters to be referred to the responsible Member for decision
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15. |
Powers of the Board
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16. |
By-laws of Corporation
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17. |
Financing of Corporation, and guarantees in respect of certain loans to it
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18. |
Banking account of Corporation
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19. |
19Revenue account of Corporation
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20. |
Standards to be observed by Corporation in relation to conduct of its business and financial affairs |
21. |
Investment of moneys
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22. |
Financial accountability of Corporation, and provisions relating to audit and annual report
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23. |
Offices of Corporation, and execution of documents of Corporation
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24. |
Powers of responsible Member to ensure compliance with Act by Corporation
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25. |
Regulations
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26. |
Liquidation of Corporation
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27. |
Transitional Provision
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28. |
Special powers of the responsible Member to convert the Corporation into a company
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29. |
Repeal of laws
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30. |
Short title |