CAP. 1117]
The English Schools Foundation
Form of contract.
Registration with Registrar of Companies.
[1987 Ed.
(ii) such other persons or representatives of organizations, not exceeding 3 in number, as may be appointed by the members specified in paragraph (a) of this subsection to represent commercial interests.
(2) The first members of the Foundation shall hold office until regulations are made under section 10 for the composition of the Foundation and shall then cease to hold office pursuant to this section.
12. (1) Contracts on behalf of the Foundation may be made as follows---
(a) a contract which, if made between private persons, would be required by law to be in writing, shall be in writing and, if required by English law to be under seal, shall be made under the common seal of the Foundation;
(b) a contract which, if made between private persons, would be required by law to be in writing, and signed by the parties to be charged therewith, shall be made on behalf of the Foundation in writing signed by any person acting under the express or implied authority of the Executive Committee;
(c) a contract which, if made between private persons would be valid by law although made by parole only and not reduced into writing, may be made by parole on behalf of the Foundation by any person acting under the express or implied authority of the Executive Committee.
(2) A contract made according to this section shall be effectual in law and shall bind the Foundation and all other parties thereto.
(3) A contract made according to this section may be varied or discharged in the same manner in which it is authorized by this section to be made.
(4) Instruments under seal made on behalf of the Foundation, sealed with the common seal of the Foundation, signed by the Chairman, or the Vice-chairman, or the Treasurer, and countersigned by the Secretary, shall be deemed to be duly executed.
13. (1) The Foundation shall deliver to the Registrar of Companies for filing the following
(a) notice of the address of the principal office of the Foundation and any change thereof;
(b) a copy of all regulations made by the Foundation, certified as correct by the Chairman and Secretary; and
(c) a list of the names and addresses of the office bearers and members of the Executive Committee and any change therein, certified as correct by the Chairman and Secretary.
6
CAP. 1117]
The English Schools Foundation
Form of contract.
Registration with Registrar of Companies.
[1987 Ed.
(ii) such other persons or representatives of organiza- tions, not exceeding 3 in number, as may be appointed by the members specified in paragraph (a) of this subsection to represent commercial interests.
(2) The first members of the Foundation shall hold office until regulations are made under section 10 for the composition of the Foundation and shall then cease to hold office pursuant to this section.
12. (1) Contracts on behalf of the Foundation may be made as follows---
(a) a contract which, if made between private persons, would be required by law to be in writing, shall be in writing and, if required by English law to be under seal, shall be made under the common seal of the Foundation;
(b) a contract which, if made between private persons, would be required by law to be in writing, and signed by the parties to be charged therewith, shall be made on behalf of the Foundation in writing signed by any person acting under the express or implied authority of the Executive Committee;
(c) a contract which, if made between private persons would be valid by law although made by parole only and not reduced into writing, may be made by parole on behalf of the Foundation by any person acting under the express or implied authority of the Executive Committee.
(2) A contract made according to this section shall be effectual in law and shall bind the Foundation and all other parties thereto.
(3) A contract made according to this section may be varied or discharged in the same manner in which it is authorized by this section to be made.
(4) Instruments under seal made on behalf of the Foundation, sealed with the common seal of the Foundation, signed by the Chairman, or the Vice-chairman, or the Treasurer, and counter- signed by the Secretary, shall be deemed to be duly executed.
13. (1) The Foundation shall deliver to the Registrar of Companies for filing the following-
(a) notice of the address of the principal office of the Founda-
tion and any change thereof;
(b) a copy of all regulations made by the Foundation, certified
as correct by the Chairman and Secretary; and
(c) a list of the names and addresses of the office bearers and members of the Executive Committee and any change therein, certified as correct by the Chairman and Secretary.
No comments yet.
Private notes are available after approval.