Section 83, Cap. 287

The business of the Company shall be managed by the Directors, whomay pay all such expenses of and preliminary and incidental to the promotion, formation, establishment and registration of the Company as they think fit, and may exercise all such powers of the Company, and do on behalf of the Company all such acts as may be exercised and done by the Company, and as are not by the Ordinance or by these Articles required to be exercised or done by the Company in General Meeting. In so acting the Directors shall in all cases conform to the provisions of the Ordinance, to these Articles, and to such regulations as may from time to time be prescribed by the Company in General Meeting, but no regulation made by the Company in General Meeting shall operate retrospectively to invalidate any previous act of the Directors.