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CONFIDENTIAL ##

8

Appointment of staff and advisers.

(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)

of the Corporation and all matters relating to his

The Chairman shall be the chief executive

remuneration and the terms and conditions of his

appointment to the service of the Corporation shall be

determined by the Governor.

G.F. 323

(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 professional advisers in such manner

and on such terms and conditions as it thinks fit.

CONFIDENTIAL

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