| SECTION |
TITLE |
|
[Unlabeled text in the form of a preamble] |
| 1. |
Definitions
|
| 2. |
Continued existence of the Corporation
|
| 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
|
| 6. |
Meetings of Board and notice of meetings |
| 7. |
Quorum and decisions of Board, and voting powers of chairperson
|
| 8. |
Procedure when Board unable to meet timeously in respect of urgent business
|
| 9. |
Minutes of Board |
| 10. |
Commercial and other interests of directors in matters dealt with by Board
|
| 11. |
Managing Director of Corporation
|
| 12. |
Deputy Managing Director
|
| 13. |
Officers, employees and other staff of Corporation |
| 14. |
Matters to be referred to the responsible Member for decision
|
| 15. |
Powers of the Board
|
| 16. |
By-laws of Corporation
|
| 17. |
Financing of Corporation, and guarantees in respect of certain loans to it
|
| 18. |
Banking account of Corporation
|
| 19. |
19Revenue account of Corporation
|
| 20. |
Standards to be observed by Corporation in relation to conduct of its business and financial affairs |
| 21. |
Investment of moneys
|
| 22. |
Financial accountability of Corporation, and provisions relating to audit and annual report
|
| 23. |
Offices of Corporation, and execution of documents of Corporation
|
| 24. |
Powers of responsible Member to ensure compliance with Act by Corporation
|
| 25. |
Regulations
|
| 26. |
Liquidation of Corporation
|
| 27. |
Transitional Provision
|
| 28. |
Special powers of the responsible Member to convert the Corporation into a company
|
| 29. |
Repeal of laws
|
| 30. |
Short title |