Clause
MASS TRANSIT RAILWAY CORPORATION BILL.
MASS TRANSIT RAILWAY CORPORATION
C117
BILL 1975
ARRANGEMENT OF CLAUSES
Page
PART I
PRELIMINARY
1.
Short title and commencement
2.
Interpretation
C119
•
C119
PART II
INCORPORATION AND POWERS
3.
Corporation established
...
:
4.
Board of the Corporation
5.
Proceedings of the Board
6.
General powers of Corporation
7.
8.
Staff benefits
9.
Appointment of staff and advisers.
Documents of Corporation
PART III
FINANCIAL
10.
Capital of Corporation
11.
12.
13.
Power to borrow and to issue stock, etc.
Guarantee by Government ...
Corporation to act on commercial principles
14.
Reserve funds ...
...
...
...
•
15.
Investment
...
...
16.
17.
Accounts, audit and annual report
Initial debt to Government
...
• PART IV
GENERAL
Corporation not servant or agent of Crown
Governor may give directions.
18.
19.
Governor may obtain information
20.
21.
22.
23.
Certain laws not to apply
Avoidance of doubt
...
Corporation may prosecute in its name
•
PART V
REGULATIONS AND BY-LAWS
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:
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C119
C120
C120
...
C121
C121
C122
C122
C122
C123
C123
C124
C124
...
C124
C124
C124
C125
C125
...
C125
C125
C125
C126
C126
24.
Regulations
C126
25.
By-laws
26.
27.
Further powers in relation to regulations and by-laws Seizure and forfeiture of hawker's equipment and commodities
C126
C127
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