Malaysia legislation
Section 9
Section 9
(2)
The Board may appoint any member of the Board to act as the
Chief Executive Officer if —
(a)
there is a vacancy in the office of the Chief Executive
Officer under subsection (1); or
14 Laws of Malaysia Act 662
(b)
the Chief Executive Officer is unable by reason of illness, leave or any other cause to perform the duties of his office.
(3)
The Chief Executive Officer shall have such powers and duties as may be conferred or imposed upon him by this Act or as may be conferred or imposed by the Board from time to time in addition to such powers and duties as may be specified in his contract of appointment.
(4)
The Chief Executive Officer shall be responsible for the day to day administration and management of the affairs of the
Retirement Fund (Incorporated), including the implementation of the decisions made by the Board and the investment decisions made by the Investment Panel in accordance with section 14 and the administrative control of the employees, officers and servants.
(5)
The Chief Executive Officer shall be answerable and accountable to the Board for the exercise of his powers and the performance of his duties.
(6)
The Chief Executive Officer shall be paid such remuneration as the Board may determine, with the approval of the Minister.
Appoinment of officer, servant, attorney, agent, etc.