Powers and Duties of the General Manager.
Section 16
SEC. 16. Powers and Duties of the General Manager.—The General Manager of the Corporation shall have the following duties and responsibilities: To prepare the agenda for meetings of the Board and to submit for the consideration of the Board policies and measures which he believes are necessary to carry out the purposes and objectives of the Corporation; To execute and administer the policies, measures, orders and resolutions approved by the Board; To execute all contracts in. behalf of the Corporation and to enter into all transactions required or permitted by this Decree upon proper authorization by the Board; To recommend the appointment, promotion, assignment or removal of all subordinate officers and employees of the Corporation; To report periodically to the Board on the operations of the Corporation; and To perform such other functions as may be delegated to him by the President, with the approval of the Board.