Chief Executive Officer
(1) The Chief Executive Officer shall be appointed by the Minister, on the recommendation of the Corporation.
(2) The Chief Executive Officer shall hold office for a term not exceeding three years and shall be eligible for reappointment upon the expiry of his term of office.
(3) The Chief Executive Officer shall be deemed to be an officer or employee of the Corporation and be subject to the terms and conditions of service as may be determined by the Corporation with the approval of the Minister.
(4) The Chief Executive Officer shall enjoy such compensation and such other amenities as approved by the Minister, upon recommendation of the Corporation.
(5) The Corporation shall vest in the Chief Executive Officer such powers and impose upon him such duties as may be determined by the Corporation.
(6) The Chief Executive Officer shall be responsible for the overall administration and management of the functions and the day to day affairs of the Corporation.
(7) The Chief Executive Officer shall have general control of the officers and employees of the Corporation.
(8) The Chief Executive Officer shall perform such further duties as the Minister and the Corporation may from time to time direct.
(9) In discharging his duties, the Chief Executive Officer shall act under the general authority and direction of the Corporation.
Temporary exercise of functions of Chief Executive Officer
The Minister may appoint temporarily any officer of the Corporation to act as the Chief Executive Officer for the period—
(a) the office of the Chief Executive Officer is vacant;
(b) the Chief Executive Officer is absent from duty or from Malaysia; or
(c) the Chief Executive Officer is, for any reason, unable to perform the duties of his office.
Appointment of officers and employees
(1) The Corporation may appoint such numbers of officers and employees as are necessary for carrying on the business and affairs of the Corporation and such officers and employees shall hold office for such period, receive such salaries, allowances and benefits, and shall be subject to such terms and conditions of service as may be determined by the Corporation with the approval of the Minister.
(2) An officer or employee of the Corporation shall, at all times, act in good faith and comply with such requirements, standards, duties and code of conduct as may be determined by the Corporation.
Loans, scholarship, advances, etc.
The Corporation—
(a) may provide loans, scholarships and advances to its officers and employees subject to such terms and conditions as the Corporation may determine; and
(b) may provide donations to any person or body of persons in such amount and for such purposes as may be approved by the Minister.
Payment of retirement benefits, etc.
The Corporation may make arrangements for the payment to its officers and employees and their dependants of such retirement benefits, gratuities and other allowances as the Corporation may determine.
Corporation may adopt regulations, etc.
The Corporation may adopt with such modifications as it deems fit any regulations, rules, policies, circulars and directives enacted or issued by the Federal Government in relation to any matter under this Part.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).
