MASS TRANSIT RAILWAY CORPORATION BILL
(3) Every question arising at any meeting of the Board shall be decided by a majority of votes of the members present and voting thereon and in the event of an equality of votes the member presiding shall have a casting vote in addition to his ordinary vote.
(4) Subject to this Ordinance, arrangements relating to meetings of the Board, and the procedure thereat, shall be such as the Board may determine.
(5) If a member is in any way directly or indirectly interested in a contract made or proposed to be made by the Corporation-
(a) he shall disclose the nature of his interest at a meeting of the
Board;
(b) the disclosure shall be recorded in the minutes of the Board; and (c) the member shall not, without the permission of the Chairman,
take any part in any deliberation of the Board with respect to that contract and shall not in any event vote on any question concerning it.
C121
6. (1) The Corporation may do such things as are expedient for or General powers conducive to the attainment of the purposes declared in or permitted or of Corporation. assigned under section 3(2) or of any purpose reasonably incidental to
or consequential upon any of those purposes.
(2) Without restricting the generality of subsection (1) the Corporation may for the purposes referred to therein-
(a) acquire, hold and dispose of all kinds of property movable and
immovable and in any manner which it thinks fit;
(b) improve, develop or alter any property held by it;
(c) enter into, assign or accept the assignment of, and vary or rescind
any contract or obligation;
(d) carry on any business either alone or in partnership with any
other person or persons;
(e) employ an agent or contractor to do any thing which the
Corporation may do;
(f) determine the fares payable by persons travelling on the railway. (3) Any land held by the Corporation for any purpose referred to in subsection (1) may be improved, developed and altered by it in such manner and to such extent as the law would allow if the land were held by a natural person in the same interest and the Corporation shall not be required to show that such improvement, development or alteration is itself undertaken for any purpose referred to in subsection (1).
7. (1) The Chairman shall be the chief executive of the Corporation Appointment and all matters relating to his remuneration and the terms and conditions of staff and of his appointment to the service of the Corporaion shall be determined by the Governor.
(2) The Corporation shall appoint a Managing Director but shall obtain the approval of the Governor to any proposed appointment and to the suspension or dismissal of a person appointed.
(3) The Corporation may appoint such other employees as it thinks fit and determine all matters relating to their remuneration and terms and conditions of appointment or employment.
(4) The Corporation may engage the services of technical and pro- fessional advisers in such manner and on such terms and conditions as it thinks fit.
advisers.