Malaysia Co-Operative Societies Commission Act 2007 · s 11B

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11B.
Power and duty of Chief Executive Officer
(1) The Commission shall vest in the Chief Executive Officer such powers and impose upon him such duties as may be determined by the Board.
(2) The Chief Executive Officer shall act under the general authority and directions of the Board which shall be consistent with this Act.
(3) The Chief Executive Officer shall not decide on matters pertaining to policy and the strategic direction of the Commission without the approval of the Board.
(4) The Chief Executive Officer shall—
(a) be responsible for the overall administration and management of the functions, activities and day-to-day affairs of the Commission in accordance with the policy laid down by the Commission;
(b) exercise supervision and control over all officers and employees of the Commission; and
(c) perform such other duties and undertake such other responsibilities as the Board may determine or direct from time to time.
(5) The Chief Executive Officer shall exercise reasonable care, skill, diligence and proper judgment in exercising his duties under this Act.
(6) The Chief Executive Officer is deemed to have exercised proper judgment referred to in subsection (5) if he—
(a) makes the judgment in good faith for a proper purpose;
(b) does not have a material personal interest in the subject matter of the judgment;

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(c) is informed about the subject matter of the judgment to the extent he reasonably believes to be appropriate under the circumstances; and
(d) reasonably believes that the judgment is in the best interest of the Government and the Commission.
(7) The Chief Executive Officer shall perform such other duties as the Board may direct from time to time.

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s 11BPower and duty of Chief Executive Officer

(1)

The Commission shall vest in the Chief Executive Officer such powers and impose upon him such duties as may be determined by the Board.

(2)

The Chief Executive Officer shall act under the general authority and directions of the Board which shall be consistent with this Act.

(3)

The Chief Executive Officer shall not decide on matters pertaining to policy and the strategic direction of the Commission without the approval of the Board.

(4)

The Chief Executive Officer shall—

(a)

be responsible for the overall administration and management of the functions, activities and day-to-day affairs of the Commission in accordance with the policy laid down by the Commission;

(b)

exercise supervision and control over all officers and employees of the Commission; and

(c)

perform such other duties and undertake such other responsibilities as the Board may determine or direct from time to time.

(5)

The Chief Executive Officer shall exercise reasonable care, skill, diligence and proper judgment in exercising his duties under this Act.

(6)

The Chief Executive Officer is deemed to have exercised proper judgment referred to in subsection (5) if he—

(a)

makes the judgment in good faith for a proper purpose;

(b)

does not have a material personal interest in the subject matter of the judgment;

(c)

is informed about the subject matter of the judgment to the extent he reasonably believes to be appropriate under the circumstances; and

(d)

reasonably believes that the judgment is in the best interest of the Government and the Commission.

(7)

The Chief Executive Officer shall perform such other duties as the Board may direct from time to time.