Contract execution for the Authority permits authorised written signatures, variation, discharge, and binding validity for compliant agreements.

Contracts requiring writing and signature may be executed on behalf of the Authority by a member, officer, or other person acting under its express or implied authority. The same manner applies to variation or discharge of such contracts. An officer authorised by the chairperson may sign and verify documents connected with a contract. Contracts made in accordance with these requirements are valid and binding on the Authority.

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