s 3
(1) For tbe purposes of this Act there shall be cesterie Barmo atre thet pare perpaiuat roscesae and a common seal and may sue and be sued in its corporate name. [Added Act 84/65.] (2) For the purpose of providing its own premises the Board may, out of the building fund established under section 14, and with the approval of the Minister subject to such restrictions as the Minister of Finance may impose, enter into contracts, acquire ana hold movable or immovable property and dispose thereof or otherwise deal therewith: Provided that nothing in this section shall prevent the Board from building or purchasing or otherwise acquiring premises in excess of its requirement and letting such parts of the premises as are in excess thereof on such terms as the Board may deem it fit. Constitution 4. (1) The Board shall Board appointed by the Minister appoint as Chairman. consist of eleven members one of whom he shall HIS. (2) Any person appointed to be a member of the .30|55.] Board under subsection (1) shall hold office for a period not exceeding three years but at the expiration of the period of appointment of any member it shall be lawful for the Minister to re-appoit nim tor a turther period not exceeding three years and from time to time thereafter to renew his appointment for a like period. (3) The Minister may dismiss or suspend any member of the Board and may lappoint another person in his place or in place of any member who dies, retires or who, for the time being, is unable to act. (4) Notwithstanding subsection (1), on the occurrence of any vacancy in the Board, it shall not be necessary for the Minister to fill the vacancy so long as the number of members of the Board is not reduced to less than seven. [Act 21/62, s. 3.] IS.4-6] SOCISE AND NELTANE SEAVCES IOATHRIES DOARO (5) Five members of the Board shall constitute a quorum at any meeting and all acts, matters or things authorized or required to be done by the Board may be decided by a majority at any meeting at which such a quorum is present. bers present shall preside. (7) The Chairman or member presiding at a meeting shall have the right to vote on any question and, in the event of the division of votes being equal, he shall also have a casting vote. (o) All acts done by the Board shall, notwithstanding any vacancy in the Boara or that it 1s atterwards discovered that there was a defect in the appointment ot a person purporting to be a member thereot, be as valid as if no such vacancy or delect had existed. (9) Subject to this section, the Board shall have power to regulate its own procedure at its meetings and to appoint a Secretary of the Board and to provide for the taking and custody of minutes of the meetings of the Board. S. (l) he common seal of the Board shall bear such Commor device as the Board may approve and the Board may from time to time break, change, alter and make anew such seal as it may think fit. 2) Ihe common seal oi the Board shall be kept i ne custoay oi the chairman and shal not be amnxe to any instrument except in the presence of the Chairman and two other members of the Board, who shall sign their names to the instrument in token of then presence and such signing shall be sufficient evidence that such seal was duly and properly aixed and that the same is the lawiul seal of the Board. б. (1) The Board may appoint such officers and servants Officers and servants of as it may consider to be necessary for the due per- the Board. formance of the duties and functions of the Board. (2) The otncers and servants of the Board shall receive out of the funds raised by the Board such remuneration and allowances as may be approved by the Minister. F.M.S. Cap 45. Added Act 34 /65.] Power of Board to promote otteries permittec oy ine Minister. LAm. ACL 21/62.] IS. 6-7] (3) Every member, officer or servant of the Board shall be deemed to be a public servant within the meaning of the Penal Code. (4) The Board may, out of the loan fund established under section 14, grant loans to its officers and servants for the purpose of assisting them to own, build, purchase or otherwise acquire houses for theit living accommodations or those of their families; and the Board may secure such loans by imposing such terms and conditions, including the placing of the properties so acquired on mortgage to the Board, as the Minister of Finance may approve; and in the event of the otfcers and servants being unable to repay the loans, the Board may, subject to the discretion of the Minister of Finance, realise or otherwise dispose of the mortgage.