Section 7
The Board
of Pembangunan Sumber Manusia Berhad Act 2001
The board of directors of the Corporation, which shall be responsible for the policy and general administration of the affairs of the Corporation and the Fund, shall comprise of the following members who, notwithstanding the provisions of section 128 of the *Companies Act 1965, shall be appointed by the Minister:
(a)
ten persons representing employers;
(b)
three persons representing the Government and public sector agencies responsible for manpower development or training;
(c)
a representative of the Ministry of Human Resources;
(d)
a representative of the Ministry of Finance; and
(e)
the Chief Executive.
*NOTE—The Companies Act 1965 [Act 125] has been repealed by the Companies Act 2016
[Act 777] w.e.f. 31 January 2017.
Pembangunan Sumber Manusia Berhad 13
(2)
The Minister may, in addition to the persons mentioned in subsection (1), appoint to be members of the Board not more than two persons who, in the opinion of the Minister, are able to contribute to the work of the Corporation.
(3)
The Minister shall appoint from among the persons mentioned in subsection (1) a Chairman and Deputy Chairman of the Corporation.
(4)
The person appointed to be Chairman shall be a member appointed under paragraph (1)(a).
(5)
The provisions of the Second Schedule shall apply to the members of the Board.