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Companies - Eighth Schedule (Section 247 (1) (B))

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PROVISIONS OF ACT NOT APPLYING TO A PRIVATE COMPANY ACTING UNDER UNANIMOUS AGREEMENT

     Issue of shares under section 50.

     Authorisation of a dividend under sections 58 to 60.

     The approval of a discount scheme under section 62.

     The procedure for purchasing or acquiring shares under section 66.

     The procedure for issuing redeemable shares under sections 73, 74(1) and 75(1).

     The procedure for providing financial assistance for the purchase of shares under section 76.

     The approval of remuneration of directors under section 157.