Examples of SOC Act in a sentence
In accordance with Schedule 6, clause 4(2) of the SOC Act, the Corporation must ensure that the constitution of each of its subsidiaries at all times contain provisions to the effect of those required by Schedule 7 to the SOC Act.
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 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.
In accordance with Schedule 6, clause 4(3) of the SOC Act, the Corporation must, to the maximum extent practicable, ensure that each of its subsidiaries complies with its constitution (if any) and with the requirements of the SOC Act.
In accordance with Schedule 6, clause 3(2) of the SOC Act, the Voting Shareholders hold their shares in the Corporation for and on behalf of the State.
The Corporation is expressly prohibited from exercising any power of the Corporation in contravention of any requirement of or under section 20X or 20Y of the SOC Act.
Within one month after the first 6 months of the financial year of the Corporation (or such other period after the end of that half-year as may be agreed by the Directors and the Voting Shareholders) the Directors must deliver a report to the Voting Shareholders which complies with the requirements of section 23 of the SOC Act.
In accordance with section 20S(2) of the SOC Act, the Directors and the Voting Shareholders may agree that dividend payments required to be made by the Corporation will be applied in the purchase of shares by the Voting Shareholders.
In accordance with Schedule 6, clause 3(8) of the SOC Act, only the Voting Shareholders may vote, in person or by proxy, at general meetings of the Corporation.
In accordance with Schedule 8, clause 5 of the SOC Act, a Director of the Corporation may be appointed to hold office for a period not exceeding 5 years.