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TRANSPORT ACT (NORTHERN IRELAND) 1967 - SECT 47

47.(1) For the purposes of this Act there shall be a body corporate with
perpetual succession to be known as the Northern Ireland Transport Holding
Company (in this Act referred to as "the Holding Company").

(2) The Holding Company shall consist of a chairman and not more than eight
other directors all of whom shall be members thereof and shall be appointed by
the Minister.

(3) The chairman and other directors of the Holding Company shall be appointed
from among persons who appear to the Minister to have had wide experience of,
and to have shown capacity in, transport, industrial, commercial or financial
matters or to have other adequate or suitable experience, and the Minister in
appointing them shall have regard to the desirability of including among them
persons who are directors of, or concerned in the management of, the
subsidiaries of the Holding Company.

(4) Schedule 1 shall have effect as regards the directors of
the Holding Company and its proceedings.

© 1967 Crown Copyright

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