Ghanaian Enterprises Development Act, 1975 (N.R.C.D. 330)Section 4 (1): Contracts on behalf of the Commission may be made as follows:(a) a contract which if made between private persons would be required by law to be in writing and under seal, may be made on behalf of the Commission in writing under the common seal of the Commission;(b) a contract which if made between private persons would be required by law to be in writing, signed by the parties to be charged with the contract, may be made on behalf of the Commission in writing signed by a person acting under its authority, express or implied;(c) a contract which if made between private persons would be valid by law although made by parol only and not reduced into writing, may be made by parol on behalf of the Commission by a person acting under its authority, express or implied.(2) A contract made in accordance with subsection (1),(a) is effectual in law, and binds the Commission and its successors and any other parties to the contract;(b) may be varied or discharged in the same manner in which it is authorised by subsection (1) to be made.(3) The Board may by writing under the common seal of the Commission empower a person, generally or in respect of a specified matter, as its attorney to execute deeds on behalf of the Commission in a place not situated in the Republic; and a deed signed by that attorney on behalf of the Board and under the seal of the attorney binds the Commission and has the same effect as if it were under its common seal. |
Procedures to FollowNot Avaiable |
Responsible InstitutionMinistry of Trade and Industry
Ministries |
Relevant Forms to Download |
Fees / ChargesNot Avaiable |