Section 10: Managing Director

10. Managing Director.—(1) The Federal Government shall select and appoint a whole-time Managing Director, to serve as a member of the Board, and to exercise effective control over, and make all decisions necessary for, the smooth functioning of the day to day affairs of the Authority, under the general supervision of the Board. (2) In particular and without prejudice to the generality of the foregoing power, the Managing Director shall— (a) be responsible for, and have the authority necessary for overseeing and implementing in an expeditious and efficient manner, the construction of the Harbour area ; (b) have effective control of the Harbour area as a wholesale fish market and all other water front installations and establishments to be built by the Authority ; (c) subject to the concurrence of the Federal Government and the Board, have the power to frame rules and regulations for the effective planning, construction, operation, management and maintenance of the Harbour area ; (d) subject to the rules, allot or lease suitable plots of land to private individuals or firms for the establishment of boat building yards, fish processing industries, ice plants, cold storage facilities and related ancillary activities ; (e) have the power and responsibility to— (i) exercise administrative control over the personnel of the Authority ; (ii) exercise, in respect of the Authority, such other management, administrative and financial powers as deemed appropriate by the Authority ; (iii) submit the annual budget proposals of the Authority to the Board ; (iv) maintain the accounts of the Authority ; (v) prepare the annual report of the Authority for the Board and the Federal Government ; (vi) exercise such powers as the Board may delegate to him ; and (vii) act on behalf of the Authority, in any emergency, subject to the obligation to report such action to the Board at its next meeting and to seek the Board’s ratification of any action so taken. CHAPTER IV ESTABLISHMENT

Effective date: 1982-01-01

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