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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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