National Film Finance Corporation Act 1981 (repealed 5.11.1993)
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Change 1
SCHEDULE 1 The Corporation: Supplementary Provisions
Section 1. Appointments and procedure 1 (1) The Secretary of State may make regulations with respect to— (a) the appointment of the members of the Corporation and their tenure and vacation of office; (b) the execution of instruments and the mode of entering into contracts by or on behalf of the Corporation, and the proof of documents purporting to be executed, issued or signed by the Corporation or by a member or officer of the Corporation. (2) Subject to any regulations under sub-paragraph (1), the Corporation shall have power to regulate their own procedure, including the manner in which matters subject to the determination of the Corporation are to be determined by or on behalf of them. (3) Any regulations under sub-paragraph (1) shall be made by statutory instrument, which shall be subject to annulment in pursuance of a resolution of either House of Parliament. 2 The validity of any proceedings of the Corporation shall not be affected by any vacancy among the members or by any defect in the appointment of a member. Remuneration, pensions etc. of members 3 (1) The Corporation shall pay to the members of the Corporation such salaries or other remuneration, and such allowances, as the Secretary of State may determine. (2) If the Secretary of State determines in the case of any member of the Corporation to make provision for the payment on his death or retirement of a pension, gratuity or other like benefit, the Corporation shall pay or provide for the payment of such pension, gratuity or other like benefit to him or to others by reference to his service as the Secretary of State may determine. (3) No determination shall be made by the Secretary of State under this paragraph without the consent of the Minister for the Civil Service. Remuneration and pensions of officers etc. 4 (1) The Corporation shall pay to their officers, servants and agents such remuneration as the Corporation may determine. (2) If the Corporation determine in the case of any officers, servants or agents to make provision for the payment on their death or retirement of pensions, gratuities or other like benefits, the Corporation shall pay, or provide for the payment of, such pensions, gratuities or other benefits to them or to others by reference to their service as the Corporation may determine. Pension schemes 5 Provision for pensions, gratuities or other like benefits under paragraph 3(2) or 4(2) may be made either by contributory or non-contributory arrangements, or partly by the one and partly by the other. Incidental powers of Corporation 6 (1) The Corporation shall have power to do anything which is incidental to the proper performance of their functions. (2) Without prejudice to the generality of sub-paragraph (1), the Corporation may, in connection with the performance of their functions, form or join with other persons in forming any body corporate and acquire or dispose of any securities in a body corporate. Liability to taxes etc. 7 Nothing in this Act exempts the Corporation from liability to any tax, duty, rate, levy or other charge whatever, whether general or local. Dissolution of Corporation 8 (1) The Secretary of State may, with the approval of the Treasury, by order dissolve the Corporation— (a) at any time after the end of 1985, or (b) upon their functions ceasing to be exercisable by virtue of section 9. (2) Any such order— (a) may vest any property, rights or liabilities of the Corporation in the Crown or such person acting on behalf of the Crown as may be specified in the order; (b) may contain such incidental or consequential provisions as may appear to the Secretary of State to be necessary or expedient; (c) may be varied by a subsequent order of the Secretary of State with the approval of the Treasury. (3) Any order under this paragraph shall be made by statutory instrument; but no such order shall be made unless a draft of the order has been laid before the House of Commons and approved by a resolution of that House. (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SCHEDULE 1 The Corporation: Supplementary Provisions
Section 1. Appointments and procedure 1 (1) The Secretary of State may make regulations with respect to— (a) the appointment of the members of the Corporation and their tenure and vacation of office; (b) the execution of instruments and the mode of entering into contracts by or on behalf of the Corporation, and the proof of documents purporting to be executed, issued or signed by the Corporation or by a member or officer of the Corporation. (2) Subject to any regulations under sub-paragraph (1), the Corporation shall have power to regulate their own procedure, including the manner in which matters subject to the determination of the Corporation are to be determined by or on behalf of them. (3) Any regulations under sub-paragraph (1) shall be made by statutory instrument, which shall be subject to annulment in pursuance of a resolution of either House of Parliament. 2 The validity of any proceedings of the Corporation shall not be affected by any vacancy among the members or by any defect in the appointment of a member. Remuneration, pensions etc. of members 3 (1) The Corporation shall pay to the members of the Corporation such salaries or other remuneration, and such allowances, as the Secretary of State may determine. (2) If the Secretary of State determines in the case of any member of the Corporation to make provision for the payment on his death or retirement of a pension, gratuity or other like benefit, the Corporation shall pay or provide for the payment of such pension, gratuity or other like benefit to him or to others by reference to his service as the Secretary of State may determine. (3) No determination shall be made by the Secretary of State under this paragraph without the consent of the Minister for the Civil Service. Remuneration and pensions of officers etc. 4 (1) The Corporation shall pay to their officers, servants and agents such remuneration as the Corporation may determine. (2) If the Corporation determine in the case of any officers, servants or agents to make provision for the payment on their death or retirement of pensions, gratuities or other like benefits, the Corporation shall pay, or provide for the payment of, such pensions, gratuities or other benefits to them or to others by reference to their service as the Corporation may determine. Pension schemes 5 Provision for pensions, gratuities or other like benefits under paragraph 3(2) or 4(2) may be made either by contributory or non-contributory arrangements, or partly by the one and partly by the other. Incidental powers of Corporation 6 (1) The Corporation shall have power to do anything which is incidental to the proper performance of their functions. (2) Without prejudice to the generality of sub-paragraph (1), the Corporation may, in connection with the performance of their functions, form or join with other persons in forming any body corporate and acquire or dispose of any securities in a body corporate. Liability to taxes etc. 7 Nothing in this Act exempts the Corporation from liability to any tax, duty, rate, levy or other charge whatever, whether general or local. Dissolution of Corporation 8 (1) The Secretary of State may, with the approval of the Treasury, by order dissolve the Corporation— (a) at any time after the end of 1985, or (b) upon their functions ceasing to be exercisable by virtue of section 9. (2) Any such order— (a) may vest any property, rights or liabilities of the Corporation in the Crown or such person acting on behalf of the Crown as may be specified in the order; (b) may contain such incidental or consequential provisions as may appear to the Secretary of State to be necessary or expedient; (c) may be varied by a subsequent order of the Secretary of State with the approval of the Treasury. (3) Any order under this paragraph shall be made by statutory instrument; but no such order shall be made unless a draft of the order has been laid before the House of Commons and approved by a resolution of that House. (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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