Clause 9

The President shall, with the approval of the Public Service Commission, appoint one of the directors appointed under section 8 of this Act to be the managing director.

The managing director shall be an employee of the Authority on such terms and conditions of service as the President may decide.

The managing director shall be entrusted with the day-to-day administration of the Authority, and may, subject to this Act, make decisions and exercise all powers and do all acts which may be exercised or done by the Authority.

The managing director shall be answerable to the board for his acts and decisions.

In the event of the absence or inability to act of the managing director, the Minister may appoint a director to discharge his duties during the period of such absence or inability.