The Laws of Zambia 3. Establishment of Corporation 4. Board of Directors 5. Tenure of office and vacancy 6. Director to declare connection 7. Functions of Corporation 8. Powers of Corporation 9. Committees of Board 10. Proceedings of Board 11. Transaction of business of an urgent nature 12. Validity of Board's decisions 13. Contracts and instruments 14. Seal of Board 15. Disclosure of interest 16. Immunity of members 17. Appointment of Director-General and other staff PART III FINANCIAL PROVISIONSPART III FINANCIAL PROVISIONS 18. Establishment and operation of general fund 19. Establishment and operation of general reserve account 20. Charges to revenue account of Corporation and investment of monies in sinking funds 21. Funds of Corporation Section 22. Accounts 23. Appointment of auditors 24. Annual report PART IV LICENCESPART IV LICENCES Copyright Ministry of Legal Affairs, Government of the Republic of Zambia