10.
("the Board").
Clause 17 establishes the Board of Governors of the Corporation
Clause 18 specifies the membership of the Board.
Schedule 1 prescribes procedural matters relating to the tenure of
members, the Chairman and Vice-Chairman, proceedings of the Board
and committees under it.
11. Clause 19 provides for the appointment of an Executor Director
of the Corporation, who will be its chief executive officer.
Under
clause 21, the Executive Director is responsible for implementing
the editorial policy of the Board, which is provided for in clause
20.
12.
Clauses 22 and 23 provides for delegation of functions by the
Board and the Executive Director.
13.
Clause 24 empowers payment of remuneration to the members of
the Board. Clause 25 excludes the members of the Board and its
committee from personal liability for things done or omitted to be
done in good faith pursuant to statutory powers or duties.
Clause 27
14. Clause 26 stipulates that moneys appropriated by the
Legislative Council shall be paid to the Corporation.
defines the resources of the Corporation.
Under clauses 28 and 35,
the Corporation may establish a Development Fund and make rules in
relation to the Fund.
15. Clause 29 requires the Corporation to submit estimates of
income and expenditure for approval by the Secretary for Recreation
and Culture.
16. Clause 30 requires the Corporation to keep proper accounts and
to draw up financial statements.
Clause 31 provides for the audit
of the Corporation's accounts. Under clause 32 statement of
accounts of the corporation, the auditor's report and the Board's