Discuss this provision with AI

11. Powers of the Director General.—(1) The Director General, as the chief executive of the Corporation, shall exercise administrative as well as financial powers with regards to the functioning of the Corporation, under this Act. (2) The Director General shall ensure that the Corporation performs its activities and functions in accordance with the provisions of this Act, as well as the rules and regulations made hereunder. (3) In particular, and without generality of the foregoing powers, the powers of the Director General shall include:— (a) proposing, recommending, and presenting budget estimates of the Corporation, to the Board; (b) sanctioning all expenditure provided for in the approved budg et, as may be prescribed; (c) constituting committees and sub-committees, and assigning specific tasks to the said committees or sub -committees, for performance of the Corporation’s functions under this Act; and (d) exercising and performing such other po wers and functions as may be deemed connected with or ancillary to works and activities of the Corporation, under this Act. CHAPTER-V FUND, ACCOUNTS AND AUDIT

Effective date: 2023-08-07

Version national-logistics-corporation-act-2023~PK-FED~base · Source-traceable official reference. LawHub does not modify the official record.