Paragraph 1

(1)

The Minister shall have power, exercisable by statutory instrument, to make regulations with respect to—

(a)

the appointment of the members of the Corporation, and their tenure and vacation of office; and

(b)

the execution of instruments and the mode of entering into contracts by and on behalf of the Corporation, and the proof of documents purporting to be executed, issued or signed by the Corporation or any of its members or officers;

and, subject to the provisions of any regulations under this sub-paragraph, the Corporation shall have power to regulate its own procedure (including the manner in which matters subject to the determination of the Corporation are to be determined by or on behalf of the Corporation).

(2)

A statutory instrument containing regulations under sub-paragraph (1) above shall be subject to annulment in pursuance of a resolution of either House of Parliament.

Notes on the whole Act

Textual amendments

F1: Act (except ss. 1(1), 19) repealed (8.12.1999) by 1999 c. 20, ss. 5(2), 7, 8(2)(a), 27, Sch. 4 (with ss. 8(4)(5), 15); S.I. 1999/3258, art. 2