7. (1) There It shall be lawful for the Corporation from time to time, at any general meeting and by a majority of not less than two-thirds of the members present and voting, to make rules, not inconsistent with the provisions of this Act or any other written law for the admission, withdrawal. resignation, retirement or expulsion of members, for the election of office bearers of the Board of management and of the various officers, agents and servants of the Corporation, for the procedure to be followed in the transaction of business, and otherwise generally for the management of the affairs of the Corporation and the accomplishment of its objects. The rules of the Corporation may be amended, altered, added to, or rescinded at a like meeting and in like manner.
(2) The rules of the Foundation in force on the day preceding the date of commencement of operation of this Act shall he deemed to he the rules of the Corporation made under this section in so far as they are not inconsistent with the provisions of this Act. |
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(3) Members of the Corporation shall be subject to the rules in force for the time being of the Corporation. |
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