Managing director and general manager or managers of the Company.
4.—(1) Paragraph 4 of the Schedule to the Principal Act is hereby amended by the substitution of the following subparagraph for subparagraph (b):
“(b) that the directors of the Company may from time to time appoint one of their body to be managing director of the Company and may also from time to time appoint a general manager or general managers;”
(2) For the purposes of subsection (1) of this section, it shall be lawful for the Company to make such alterations as may be requisite in its Articles of Association.