Examples of SOC Act in a sentence
In accordance with Schedule 10, clause 1(2) of the SOC Act, any disclosure given by a Director under this Rule 19 must be recorded in the Minutes by the Secretary.
In accordance with Schedule 10, clause 4(2) of the SOC Act, paragraph (a) does not apply to the entering into by the Corporation of an instrument with a person mentioned in paragraph (a) if the instrument is entered into on the same terms as similar instruments (if any) entered into by the Corporation with members of the public.
Without limiting the generality of paragraph (a), in accordance with section 29(1) of the SOC Act, the Directors must supply to the Voting Shareholders such information relating to the affairs of the Corporation or any of its subsidiaries as they from time to time request (whether or not the information is of a kind referred to in the Statement of Corporate Intent).
In accordance with Schedule 9, clause 1 of the SOC Act, the Chief Executive Officer may be appointed to hold office for such period (not exceeding 5 years) as may be specified in the Chief Executive Officer’s instrument of appointment.
Subject to Rule 26.3, in accordance with section 20S(4) of the SOC Act, dividends declared by the Corporation and payable to Voting Shareholders are to be paid to the Treasurer on behalf of the State for payment into the Consolidated Fund.
In accordance with Schedule 8, clause 3(1) of the SOC Act, the Voting Shareholders may, from time to time, appoint a person to be the Deputy of a Director of the Corporation and the Voting Shareholders may revoke any such appointment.
Subject to Rule 3.3, in accordance with section 20H(5) of the SOC Act, the shareholders in the Corporation are to be the Treasurer and another Minister for the time being nominated by the Premier as a Voting Shareholder.
In accordance with Schedule 8, clause 12(2) of the SOC Act, in case of an equality of votes the chairperson of a meeting of Directors will have a second or casting vote.
The Statement of Corporate Intent must contain the matters set out in section 22 of the SOC Act.
In accordance with section 20Q(8) of the SOC Act, paragraph (a) does not apply to the extent provided in resolutions of both Houses of Parliament.