Section 8: Managing Director.⸻(1) The Federal Government shall select and appoint a whole time

8. Managing Director.⸻(1) The Federal Government shall select and appoint a whole time Managing Director to serve as member of the Board and shall be responsible for day to day administration of the Authority for such period and on such terms and conditions as the Federal Government may, determine. (2) The Managing Director shall be appointed for three years and he shall be eligible for re- appointment but his total tenure shall in no case exceed six years. (3) No person shall be appointed or continue as Managing Director, if he⸻ (a) has been convicted of an offence involving moral turpitude; (b) has been removed from service for misconduct; (c) has been adjudicated as insolvent; (d) is incapable of discharging his duties by reasons of physical or mental incapacity and has been so declared by a Medical Board appointed by the Federal Government; or (e) fail to disclose any conflict of interest at or within the time provided for such disclosure by or under this Ordinance or contravene any of the provisions of this Ordinance. (4) The Managing Director may, at any time, resign his office by writing under his hand addressed to the Federal Government. (5) The Managing Director shall be paid such salary and allowances as the Federal Government may determine but his salary and allowances shall not be varied to his disadvantage during his term of office. (6) The Managing Director shall not, during the term of his office, engage himself to any other service, business, vocation or employment nor shall he before the expiration of one year thereof enter into employment or accept any advisory or consult relationship with any person engaged in public procurement activity: Provided that where the Managing Director is a Government servant there shall be no such restrictions on his employment after he has retired or transferred from the post of Managing Director and where he is from private sector he shall not have any direct or indirect financial interest or have any connection with any company engaged in public procurement activity for so long as he holds office and for a period of one year thereafter. (7) The Managing Director shall have power and responsibility to⸻ (a) exercise administrative control over the personnel of the Authority; (b) exercise, in respect of the Authority, such other management, administrative and financial powers as deemed appropriate by the Authority. (c) submit the annual budget proposals of the Authority to the Board; (d) prepare the annual report of the Authority for the Board and the Federal Government; (e) exercise such powers as the Board may delegate to him; and (f) 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.-FINANCIAL PROVISIONS

Effective date: 2002-01-01

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