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Section 145

Membership of the Corporation

of Capital Markets and Services (Amendment) Act 2012

Amendment ActIn forceProvision 17 of 49
Section 145
(1)

The Corporation shall consist of the following members who shall be appointed by the Minister on the recommendation of the Chairman of the Commission:

(a)

a Chairman;

(b)

one representative from the Commission;

(c)

one representative from the exchange holding company;

and

(d)

two other members who possess knowledge or experience in the capital market.

(2)

Every member of the Corporation shall at all times exercise his duties in good faith.

(3)

Subject to his instrument of appointment, a member of the Corporation shall hold office for a term not exceeding three years and is eligible for reappointment.

Capital Markets and Services (Amendment)

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