Section 75A
Investment Panel
of Employees' Social Security Act 1969
There shall be established an Investment Panel which shall, subject to such directions as may be issued by the Board, be responsible for matters pertaining to the investments of the
Organization.
(2)
The Investment Panel shall consist of the following persons:
(a)
the Chairman of the Board as Chairman;
(b)
two members appointed by the Board from amongst the members of the Board, one representing the employers and one representing the insured persons;
(c)
the Director General of the Organization;
(d)
a representative from the Treasury; and
(e)
(Deleted by Act A1508).
(f)
three other members with business and financial experience appointed by the Minister:
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Provided that a person appointed in accordance with this paragraph shall, subject to the Ninth Schedule, serve for a period of two years from the date of his appointment.
(3)
The provisions of the Ninth Schedule shall apply to the
Investment Panel.