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Section 10

Appoinment of officer, servant, attorney, agent, etc.

of Retirement Fund Act 2007

ActIn forceProvision 11 of 31
Section 10

(1)

Subject to any regulations made under section 12, the

Board may from time to time appoint and employ such officers and servants on such terms and conditions as the Board may think fit for carrying out the purposes of this Act and exercise disciplinary control over such officers and servants.

(2)

The Board may delegate to any member of the Board, member of a committee or officer, comprising such members or officers or both such members and officers, appointed by it, any of its powers under subsection (1) and that member of the Board, member of a committee or officer shall exercise those powers under the direction and control of the Board.

Retirement Fund 15

(3)

The officers and servants of the Retirement Fund

(Incorporated) shall hold office for such period, receive such remuneration subject to such terms and conditions of service including retirement benefits as may be determined by the Board.

(4)

The Board may, by an instrument under its seal, appoint any person in or outside Malaysia to be the attorney or agent of the

Retirement Fund (Incorporated) for such purposes and with such powers as the Board deems fit to confer by the instrument.