7.
(1) The administration and management of the affairs of the Corporation shall, subject to the rules of the Corporation, be vested in a Council which shall perform the functions and duties and may exercise the powers of the Corporation under the Act. |
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(2) The Council of the Corporation shall consist of the office-bearers and such other persons as may be elected or appointed in accordance with the rules of the Corporation. |
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(3) The first Council of the Corporation shall be the Council of the Institute holding office at the time of the commencement of this Act. |
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