Section 9: Powers of the OIC

9. Powers of the OIC.—(1) The OIC shall be responsible for the oversight of the affairs of the Corporation, so as to ensure that applicable policy guidelines, issued by the Government, through the Board, are being implemented by the Corporation. (2) The OIC may, from time to time, delegate any of its powers to the Director General of the Corporation. (3) In particular, and without generality of the foregoing powers, the powers of the OIC shall include— (a) ensuring that applicable policy guidelines, issued by the Government, through the Board, from time to time, are being implemented by the Corporation; (b) calling a meeting of the Board, in accordance with Section 8 of this Act; (c) facilitating liaison between the Board and the Corporation; (d) advising the Board on policy issues relating to the Corporation; (e) granting approval to Regulations framed under this Act; and (f) carrying out any activity connected therewith, or ancillary thereto, for the purposes of this Act.

Effective date: 2023-08-07

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