Malaysia legislation
Section 9
Section 9
(2)
The Chief Executive—
(a)
(Deleted by Act A1389);
(b)
shall be responsible to the Board for the proper administration and management of the Bank in accordance with the policy laid down by the Board;
(c)
may, subject to the provisions of this Act, give decisions and exercise all powers, and do all acts which may be exercised or done by the Bank; and
(d)
shall be answerable to the Board for his acts and decisions.
(3)
The Chief Executive shall devote the whole of his professional time to the service of the Bank:
Provided that he may, if so appointed and with the approval of the
Minister, become—
(a)
a director, governor or member of the board (by whatever name called) of any international savings bank or similar institution of international character;
(b)
a director of any corporation or institution in Malaysia in which the Bank may have an interest; or
(c)
a director or member of the board of management (by whatever name called) of any public authority or body.
Directions by the Minister