FIRST SCHEDULE
TABLE A
PARTI
REGULATIONS FOR MANAGEMENT OF A’COMPANY LIMITED
BY SHARES, NOT BEING A PRIVATE COMPANY:
Borrowing Powers
81. The directors may exercise all the powers of the company to borrow money, and to mortgage or
charge its undertaking, property and uncalled capital, or any part thereof, and to issue debentures,
debenture stock, and, subject to section 57B of the Ordinance, convertible debentures and convertible
debenture stock, and other securities whether outright or as security for any debt, liability or obligation
of the company or of any third party:
Provided that the amount for the time being remaining undischarged of moneys borrowed or secured
by the directors as aforesaid (apart from temporary loans obtained from the company's bankers in the
ordinary course of business) shall not at any time, without the previous sanetion of the company in
general meeting, exceed the nominal amount of the share capital of the company for the time being
issued, but nevertheless no lender or other person dealing with the company shall be concerned to see
or inquire whether this limit is observed. No debt incurred or security given in excess of such limit
shali be invalid or ineffectual except in the case of express notice to the lender or the recipient of the
security at the time when the debt was incurred or security given that the limit hereby imposed had
been or was thereby exceeded,
The Seal
114, The directors shall provide for the safe custody of the seal, which shall only be used by the
authority of the directors or of a committee of the directors authorized by the directors in that behalf,
and every instrument to which the seal shall be affixed shall be signed by a director and shall be
countersigned by the secretary or by a second direetor or by some other person appointed by the
directors for the purpose.