s 11 Contracts of the Board
(1) Any contract which, if made between private persons— (a) must be by deed shall, when made by the Board, be in writing under the common seal of the Board; (b) must be in writing signed by the parties to be charged therewith shall, when made by the Board, be either in writing under the common seal of the Board or in writing signed by any person acting on behalf and under the express or implied authority of the Board; (c) may be made orally, in the case of any contract (other than a contract involving the payment by the Board of any sum in excess of two hundred and fifty ringgit) be similarly made by any person acting on behalf of and under the express or implied authority of the Board. (2) Notwithstanding anything in subsection (1), no contract made by or on behalf of the Board shall be invalid by reason only that it was not made in the manner provided by this section, if it was made pursuant to or to give effect to a resolution of the Board. (3) Nothing in this section shall be construed to limit the powers of the Board with respect to the acceptance or receipt of totalisator investments or pool betting in accordance with an approved scheme and any rules or regulations under this Act.