Section 5: Appointment of Administrator and Managing Committee, etc

5. Appointment of Administrator and Managing Committee, etc.—( 1) The Federal Government shall appoint an Administrator for the administration of the affairs of the Institute. (2) To aid and advise the Administrator in the performance of his functions, the Federal Government shall constitute a Managing Committee consisting of such persons as it may appoint to be members thereof. (3) The Administrator shall, subject to any direction issued by the Federal Government, be competent to exercise all such powers and perform all such functions as may be necessary for the efficient administration of the affairs of the Institute. (4) The Administrator shall be a Corporation sole and may sue or be sued in his corporate name. (5) The Administrator and a member of the Managing Committee shall hold office during the pleasure of the Federal Government. liable in respect of any debt or liability i (6) Neither the Administrator nor a member of the Managing Committee shall be personally ncurred, obligation, undertaken, contract entered into, or agreement made, by the Institute.

Effective date: 1980-01-01

Related sections