Kariakoo Market Corporation (Board of Directors) Regulations, 1975

Government Notice 193 of 1975

Kariakoo Market Corporation (Board of Directors) Regulations, 1975
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Tanzania
Kariakoo Market Corporation Act

Kariakoo Market Corporation (Board of Directors) Regulations, 1975

Government Notice 193 of 1975

  • Published in Tanzania Government Gazette
  • Commenced
  • [This is the version of this document at 31 July 2002.]
  • [Note: This legislation was revised and consolidated as at 31 July 2002 and 30 November 2019 by the Attorney General's Office, in compliance with the Laws Revision Act No. 7 of 1994, the Revised Laws and Annual Revision Act (Chapter 356 (R.L.)), and the Interpretation of Laws and General Clauses Act No. 30 of 1972. All subsequent amendments have been researched and applied by Laws.Africa for TANZLII.]
[Section 5(6)]

1. Short title

These Regulations may be cited as the Kariakoo Market Corporation (Board of Directors) Regulations.

2. Interpretation

In these Regulations, unless the context otherwise requires—"Act" mean the Kariakoo Market Corporation Act 1;1Cap. 132"Board" means the Board of Directors established under section 5 of the Act;"Minister" means the Minister for the time being responsible for regional administration.

3. Tenure of office

(1)A member of the Board shall unless, the appointment is revoked or otherwise ceases to be a member, hold office for such period as may be specified in the terms of appointment or if no period is so specified, for a period of two years from the date of appointment and, may be eligible for reappointment.
(2)If any member of the Board is, without the permission of the Board, absent from more than three consecutive meetings of the Board, that member shall, unless the Minister otherwise directs, cease to be a member.

4. Resignation

A member of the Board may at any time resign by giving notice in writing to the Minister and from the date specified in the notice or, if no date is specified, from the date of the receipt by the Minister of the notice, the member shall cease to be a member.

5. Meetings

(1)The Board shall meet at least once every six months and at such other times as may be necessary or expedient for the transaction of its business.
(2)All meetings of the Board shall be convened by the Chairman or, in his absence from the United Republic or inability to act by the deputy chairman, who shall appoint a suitable time, place and date for the holding of each meeting.
(3)The Chairman or in his absence the deputy chairman shall preside at the meetings of the Board and in the absence of both the Chairman and deputy chairman from a meeting, the members present shall elect one of their number to be the chairman of that meeting.

6. Procedure at meetings

(1)The quorum necessary for any meeting of the Board shall be such number, being not less than three, as the Board may determine.
(2)All acts, matters and things, authorised to be done by the Board shall be decided by a resolution at a meeting of the Board at which a quorum is present.
(3)Subject to paragraph (2), a decision of the majority of the members present and voting at a meeting of the Board shall be deemed to be a decision of the Board.
(4)Every member of the Board shall have one vote and in the event of an equality of votes, the chairman of the meeting shall have a second or a casting vote, in addition to the deliberative vote.
(5)Notwithstanding the provisions of paragraph (2) of this regulation, where the Chairman or, in his absence from the United Republic or inability to act, the deputy chairman, so directs, a decision may be made by the Board without a meeting by circulation of the relevant papers among all the members and the expression in writing of their views, but any member shall be entitled to require that any such decision shall be deferred until the subject matter is considered at a meeting of the Board.

7. Minutes

Minutes of each meeting of the Board shall be kept and shall be submitted to the Board at its next meeting and if confirmed by the members, shall be signed by the chairman of the meeting.

8. Duty to declare interest

If a member of the Board has any pecuniary interest, direct or indirect, in any contract, proposed contract, project or other matter and is present at a meeting of the Board or a committee of the Board at which the contract, project or other matter is the subject of consideration, the member shall as soon as practicable before such consideration disclose the pecuniary interest and shall not take part in or be present at the consideration or discussion of, or vote on any question with respect to, the contract, project or matter:Provided that contravention of the provisions of this regulations shall not invalidate any decision taken by the Board or, as the case may be, the committee, if the Minister, after due inquiry certifies in writing that having regard to all the circumstances, such decision is not detrimental to the interests of the Corporation.

9. Seal

(1)The seal of the Corporation shall be of such shape, size and form as the Board may determine.
(2)The seal shall not be used except in pursuance of a resolution of the Board and shall be authenticated by the signature of the Chairman of the Board or of the General Manager or by any member of the Board authorised to act in that behalf by the Board.

10. Execution of documents

All certificates, deeds, instruments, contracts and other documents, including bills of exchange and promissory notes, shall be deemed to be duly executed by or on behalf of the Corporation—
(a)if sealed with the common seal of the Corporation and signed by two members of the Board or by a member of the Board and the General Manager; or
(b)if executed in that behalf by a member of the Board and the General Manager or some other member of the staff of the Corporation authorised for that purpose by the Board.

History of this document

31 July 2002 this version
Consolidation
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