SCHEDULES

SCHEDULE 1 Court of directors

Powers

9

The court may act notwithstanding the existence of one or more vacancies among its members.

10

The court may appoint such sub-committees as it thinks fit.

11

The court may delegate such duties and powers as it thinks fit to—

a

a member of the court,

b

any officer, servant or agent of the Bank,

c

a sub-committee consisting of—

i

members of the court, or

ii

one or more members of the court and one or more of the officers, servants and agents of the Bank.