SCHEDULES

SCHEDULE 4 NEW TOWN COMMISSIONS

Instruments and Contracts
13 The fixing of the seal of the commission shall be authenticated by the signature of—
(a) the Chairman; or
(b) another member authorised either generally or specially by the commission to act for that purpose; or
(c) the general manager if authorised either generally or specially by the commission to act for that purpose.
14 Any contract or instrument which if made or executed by a person not being a body corporate would not be required to be under seal may, if the subject matter thereof does not exceed [ [ £15,000 in value] or such larger value as the Department may by order made subject to negative resolution determine], be made or executed on behalf of the commission by any person generally or specially authorised by them to act for that purpose.
1976 NI 21
SR 1980/283
SR 1991/242