No. 59, 1969
(2) Any such contract shall be in the name of the Council and may be made as follows, that is to say—
- (a) with respect to any contract which, if made between private persons, would be by law required to be in writing and signed by the parties to be charged therewith, or in writing and under seal, the Council may make such contract in writing and under its common seal and in the same manner may vary or discharge the same;
- (b) with respect to any contract which, if made between private persons, would by law be valid although made by parol only and not reduced into writing, the chairman may make such contract by parol only without writing and in the same manner may vary or discharge the same.
Exercise of powers, etc. 10. The exercise and discharge of the powers, authorities and functions conferred and imposed on the Council by subsection two of section seven, paragraph (b) of subsection two of section eight, and subsection one of section nine of this Act, shall be subject to the provision of funds being available for the purposes for which such powers, authorities and functions are exercised and discharged.
Audit of accounts. 11. The accounts of the Council shall be audited by the Auditor-General, who shall have, in respect thereof, all the powers conferred on the Auditor-General by any law now or hereafter in force relating to the audit of public accounts, and the Audit Act, 1902, shall apply to the members of the Council and persons performing services for the Council in the same manner as it applies to accounting officers of public departments.
Power to acquire by gift, bequest or devise. 12. (1) The Council has power to acquire by gift inter vivos, bequest or devise, any property for any of the purposes of this Act, and to agree to and carry out the conditions of the gift, bequest or devise.
(2)