Administration of Employment Insurance System
(1) There shall be a social security scheme to be known as the “Employment Insurance System”.
(2) The System shall be administered by the Organization.
(3) For the purpose of administering the System, the Organization shall vest in the Board such powers and shall impose upon the Board such duties as the Organization may determine.
Director General
(1) The Director General of the Organization shall be the Director General for the purposes of this Act.
(2) The Deputy Directors General of the Organization shall be the Deputy Directors General for the purposes of this Act.
(3) Notwithstanding subsection (2), the Minister may appoint one or more Deputy Directors General for the purposes of this Act.
(4) If for any period the Director General is temporarily absent from Malaysia or temporarily incapacitated through illness, or for any other reasons is unable to perform his duties, or where the office of the Director General becomes vacant, the Minister shall appoint one of the Deputy Directors General to perform the duties of the Director General during such period.
(5) The terms and conditions of the service of the Deputy Directors General appointed under subsection (3) shall be determined by the Minister after consultation with the Minister of Finance.
Powers of Organization to hold properties, etc.
The Organization may, upon such terms and conditions as the Organization deems fit for the purposes of this Act—
(a) enter into contracts;
(b) acquire, purchase, take, hold and enjoy movable and immovable property of every description; and
(c) convey, assign, surrender, yield up, charge, mortgage, demise, lease, reassign, transfer or otherwise dispose of, or deal with, any movable or immovable property or any interest vested in the Organization.
Exercise of functions and powers of Organization
(1) All functions including powers which may be exercised by the Organization under this Act shall be exercised by the Director General.
(2) Notwithstanding subsection (1), the Director General may, in writing, delegate any of his powers and functions subject to such terms and restrictions as he thinks fit to the Deputy Directors General, Employment Services Officers, or officers and servants of the Organization for the purposes of this Act.