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In force2023 Revised Edition
Contents

Chapter 2

14. Board may make by-laws

(1)

The Board may make such by-laws as are necessary or expedient in relation to the administration, management, control, business, assets and affairs of the Corporation including —

(a)

the functions, powers, duties, remuneration, benefits and terms and conditions of services, code of conduct or surcharge on officers, employees and agents of the Corporation;

(b)

the conflicts of interest in respect of serving directors, officers and employees of the Corporation and those directors, officers and employees who have left the service of the Corporation;

(c)

the appointment, terms of reference and activities of committees established by the Corporation;

(d)

the rules and procedures to be observed by the directors at

Board meetings; or

(e)

such other matters as may be required to be provided for under the by-laws in this Act.

(2)

By-laws made under this section shall be binding on all persons to whom the by-laws apply.

(3)

Any person who does not comply with the by-laws made under subsection (1)(b) is guilty of an offence under this Act.

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