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(1)For every burgh there shall be a town council: which shall to the extent provided by this Act or otherwise be entrusted with the management of the administrative and financial business of the burgh and have all such functions as are vested in the town council by this Act or otherwise.
(2)The town council of a burgh shall be a body corporate—
(a)by the name of the town council with the addition of the name of the burgh; or
(b)in the case of a burgh in which the provost is entitled to the designation of lord provost, by the name of the lord provost, magistrates and councillors with the addition of the name of the burgh, and in the case of any other burgh by the name of the provost, magistrates and councillors with the addition of the name of the burgh; or
(c)by such other name as may be provided in a local Act.
(3)The town council shall have perpetual succession and a common seal and may sue and be sued under any of the said corporate names.
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