Property vested in the
Organiza- tion.
Functiona of the Organiza. tiani.
(3) Where the Organization consists of more than one person the Governor may by order provide for the tenure of office and the remuneration of such persons, the delegation of powers by the Organization and other matters incidental thereto.
10. (1) Upon and by virtue of the establishment of the Organization, the rights and obligations under ail deeds, con- tracts, bonds, securities, things in action or moneys vested in or under the control of any person exercising functions analogous to those of the Organization at the time of such person ceasing to hold office, shall be transferred to and vested in the Organization in the same manner as if it had been contracted with instead of such person, and as if its name had been inserted in all such deeds, contracts, bonds or securities instead of the name of such
person.
(3) For the purpose of contracts entered into prior to the commencement of this Ordinance by, or on behalf of any person who has been exercising functions analogous to those of the Organization at the time of entering into such contracts, such contracts shall be deemed to have been lawfully entered into by him.
11. (1) The functions of the Organization shall be to- (a) establish, regulate and conduct wholesale fish markets depots and ancillary establishments, including the making of administrative rules for the same; and (b) furnish the Governor with all such information as he may require for the purposes of section 6 (which empowers the Governor to give directions to the Organization).
(2) In addition to the functions specified in subsection (1) the Organization may-
(a) buy, sell, grade, pack, store, adapt for sale, process,
insure, advertise, and transport fishery products;
(b) buy, sell, hire, or let out for hire, anything required in the production, adaption for sale, or transport of fishery products;
(c) provide such services as may be deemed necessary for the improvement of the marketing of fishery products and the promotion of co-operative enterprise in the fisheries industry;
7
(d) make provisions for the education, health and welfare of persons employed in the fisheries industry and their families and dependants;
(e) make loans to persons employed in the fisheries industry upon such terms as the Organization shall see fit; and
(f) engage in such other activities (whether similar to those hereinbefore specified or not) as may be sanctioned by order of the Governor.
tion
12. (1) The Organization shall have a common seal which Seal of shall be officially and judicially noticed and shall be authenticated Organiza by the signature of such person or persons as the Organization and signi- may from time to time appoint.
(a) All deeds, documents and other instruments requiring the seal of the Organization shall be signed by such persons as the Organization may from time to time appoint, and such signing shall be taken as sufficient evidence of the due sealing of such deeds, documents and other instruments.
(3) Any act of the Organization may be signified by an in. strument signed by any servant of the Organization acting in the course of his duties, and any instrument purporting to have been so executed shall, until the contrary is proved, be deemed to have been so executed.
fication of acts.
13. For the purpose of this Ordinance the Organization Powers
of the may-
Organiza- tion. (a) acquire, accept leases of, purchase, take, hold and enjoy any lands, places, messuages or tenements of whatever nature or kind and wheresoever situate, also grant, demise, alienate or otherwise dispose of same :
Provided that it shall not acquire any immovable property in the Colony without the prior consent of the Governor in Council in each case:
(b) enter into any contract;
(c) employ such officers, agents and servants on such terms as to remuneration or otherwise, as the Organization may determine;
(d) grant pensions, gratuities and retiring allowances to
officers and servants and their dependants;