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SCHEDULES

SCHEDULE 7The Higher Education Corporations

Initial constitution

2(1)Paragraphs 3 and 4 below provide for the initial constitution of a corporation and are subject to paragraph 6 below.

(2)References below in this Schedule, in relation to a corporation, to a variable category of members are references to any category of members in relation to which the number applicable in accordance with paragraphs 3 and 4 below is subject to variation.