Constitution, status and functions of the Corporation

The Corporation
1
1
There shall continue to be a body corporate named the English Industrial Estates Corporation (in this Act referred to as " the Corporation ") which shall be charged as respects England with the exercise of the functions conferred on it by the provisions of this Act.
2
The Corporation shall consist of a chairman and such number of other members as the Secretary of State thinks fit.
3
The members of the Corporation shall be appointed by the Secretary of State and shall include—
a
a person appearing to him to have adequate experience of industrial matters;
b
a person appearing to him to have adequate experience in the organisation of workers ; and
c
one or more persons appearing to him to have adequate experience in accountancy, building or estate management.
4
The Secretary of State may by regulations made by statutory instrument make provision with respect to—
a
the appointment, tenure of office and removal of members of the Corporation;
b
the manner of execution of instruments and of entering into contracts by it and on its behalf; and
c
the proof of documents executed by it or on its behalf;
and a statutory instrument made in the exercise of this power shall be subject to annulment in pursuance of a resolution of either House of Parliament.
5
The Corporation shall not be regarded as the servant or agent of the Crown or as enjoying any status, immunity or privilege of the Crown, or as exempt from any tax, duty, rate, levy or other charge whatsoever, whether general or local; and the property of the Corporation shall not be regarded as the property of, or property held on behalf of, the Crown.
6
The provisions of Schedule 1 to this Act shall have effect in relation to the Corporation.