Section 14 — Standing orders

Subject to the provisions of this Act, the Board may regulate its own procedure by standing orders, and without prejudice to the generality of the foregoing, the Board may make standing orders in respect of the following matters, that is to say—

(a) the proper conduct of business and meetings of the Board;

(b) the method of entering into and execution of contracts;

(c) the signing of cheques, documents and other instruments;

(d) the keeping and custody of minutes of proceedings at meetings;

(e) the custody of the common seal; and

(f) the procedure for transaction of business by any committee of the Board.