Clause

1.

2.

அல்

CONFIDENTIAL # 機密

ANNEX B TO XCC(75)6

MASS TRANSIT RAILWAY CORPORATION

BILL 1975

Arrangment of Clauses

PART I

PRELIMINARY

Short title and commencement.

Interpretation.

PART II

INCORPORATION AND POWERS

3.

Corporation established.

4.

Board of the Corporation.

5.

Proceedings of the Board.

6.

General powers of Corporation.

7.

Appointment of staff and advisers.

8.

Staff benefits.

9.

Documents of Corporation.

Page

1

1

3

3

5

7

8

9

10

PART III

FINANCIAL

10.

Capital of Corporation.

11

11.

Power to borrow and to issue stock etc.

12

12.

Guarantee by Government.

13

13.

Corporation to act on commercial principles.

14

14.

Reserve funds.

14

15.

Investment.

15

16.

Accounts, audit and annual report.

15

17.

Initial debt to Government.

16

G.F. 323

CONFIDENTIAL

機密

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