Section 2.
1The members of a development corporation (in this Schedule referred to as " the corporation '") shall be appointed by the Minister after consultation with such local authorities as appear to him to be concerned with the development of the new town, and in appointing members of the corporation the Minister shall have regard to the desirability of securing the services of one or more persons resident in or having special knowledge of the locality in which the new town will be situated.
The Minister shall appoint two of the members to be respectively chairman and deputy chairman of the corporation.
2Subject to the following provisions of this Schedule, a member of the corporation, and the chairman and deputy chairman of the Corporation shall hold and vacate office as such in accordance with the terms of the instrument by which they are respectively appointed.
3If the chairman or deputy chairman of the corporation ceases to be a member of the corporation, he shall also cease to be chairman or deputy chairman, as the case may be.
4Any member of the corporation may, by notice in writing addressed to the Minister, resign his membership, and the chairman 6r deputy chairman may, by the like notice, resign his office as such.
5If the Minister is satisfied that a member of the corporation—
(a)has become bankrupt or made an arrangement with his creditors;
(b)is incapacitated by physical or mental illness ; or
(c)has been absent from meetings of the corporation for a period longer than three consecutive months without the permission of the corporation ; or
(d)is otherwise unable or unfit to discharge the functions of a member, or is unsuitable to continue as a member,
the Minister may remove him from his office as a member of the corporation.
6A member of the corporation who ceases to be a member or ceases to be chairman or deputy chairman shall be eligible for reappointment.
7The corporation shall pay to their members, in respect of their office as such, such remuneration and such reasonable allowances in respect of expenses properly incurred in the performance of their duties as may be determined by the Minister with the consent of the Treasury, and shall pay to the chairman and deputy chairman, in respect of their office as such, such additional remuneration as may be so determined.
8The quorum of the corporation and the arrangements relating to their meetings shall, subject to any directions given by the Minister, be such as the corporation may determine.
9The validity of any proceeding of the corporation shall not be affected by any vacancy among their members or by any defect in the appointment of any of their members.
10The fixing of the seal of the corporation shall be authenticated by the signature of the chairman or of some other member authorised either generally or specially by the corporation to act for that purpose.
11Any contract or instrument which, if made or executed by a person not being a body corporate, would not be required to blunder seal may be made or executed on behalf of the corporation by any person generally or specially authorised by them to act for that purpose.
12Any document purporting to be a document duly executed under the seal of the corporation shall be received in evidence and shall, unless the contrary is proved, be deemed to be so executed.