Section 14
Board may make by-laws
(1)
The Board may make such by-laws as are necessary or expedient in relation to the administration, management, control, business, assets and affairs of the Corporation including —
(a)
the functions, powers, duties, remuneration, benefits and terms and conditions of services, code of conduct or surcharge on officers, employees and agents of the Corporation;
(b)
the conflicts of interest in respect of serving directors, officers and employees of the Corporation and those directors, officers and employees who have left the service of the Corporation;
(c)
the appointment, terms of reference and activities of committees established by the Corporation;
(d)
the rules and procedures to be observed by the directors at
Board meetings; or
(e)
such other matters as may be required to be provided for under the by-laws in this Act.
(2)
By-laws made under this section shall be binding on all persons to whom the by-laws apply.
(3)
Any person who does not comply with the by-laws made under subsection (1)(b) is guilty of an offence under this Act.
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