Section 1 The Corporation.

England, Wales and Scotland

(1)

There shall continue to be a body corporate called the National Film Finance Corporation (in this Act referred to as “the Corporation”).

(2)

The Corporation shall consist of—

(a)

a chairman and a managing director appointed by the Secretary of State; and

(b)

such number of other members so appointed, not being less than three nor more than six, as the Secretary of State may from time to time determine.

(3)

The members of the Corporation shall be appointed from among persons appearing to the Secretary of State qualified as having had experience, and shown capacity, in matters relating to finance, industry, commerce, administration or law.

(4)

Schedule 1 (which contains supplementary provisions relating to the Corporation) shall have effect.

Notes on the whole Act

Textual amendments

F1: Act repealed (5.11.1993) by 1993 c. 50, s. 1(1), Sch. 1 Pt.IX.