Section 3
SEC. 3. The department governor may appoint in each province an exchange officer or officers, or may designate the secretary-treasurer of any province or any other officer or employee of the Government, the consent of the respective Head of Department in any such case having been previously had, to assume the duties of an exchange officer, with or without additional compensation to be fixed bv the provincial board with the approval of the department governor. The duties of all such exchange officers shall be to determine the kind of merchandise and products to be dealt in by the trading system, to fix the selling and purchase prices and to provide for the purchase and sale thereof, respectively; and to perform such other duties, not pertaining to accountability, as the department governor may require: Provided, That the exchange officer shall give immediate advice to the provincial secretary-treasurer of any goods ordered for future delivery and payment: And provided further, That in the absence of any exchange officer duly appointed or designated as aforesaid, the duties of said officer in so far as they may pertain to the conduct and management of the trading system, shall be performed by the provincial secretary-treasurer. An exchange officer who is not a Government or provincial employee shall be paid from trading system funds or from provincial funds subject to reimbursement out of trading system funds, such salary as the provincial board shall fix and the department governor approve. All exchange officers shall be deemed to be bonded officers within the meaning of section six of Act Numbered Twenty-four hundred and thirty-six.