90
In forceDelegation by R&D Corporation
Part 2Research and Development Corporations
Division 11Miscellaneous
90 Delegation by R&D Corporation
(1)
An R&D Corporation may, by writing under its common seal, delegate all or any of its powers under this Act (except its powers under section 81) to:
(a)
a committee of the Corporation; or
(b)
a director of the Corporation; or
(c)
an employee of the Corporation.
(2)
In the exercise of a power delegated by the Corporation, the delegate is subject to the directions of the Corporation.
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