13. Appointment of managing director

Authority, its day-to-day administration and its representation.

Authority may decide, appoint any officer or employee of the Authority, or form any committee comprising officers or employees of the Authority or both 1 to exercise any of the powers conferred upon him by subsections (2) and (4} 1 and that officer, employee or committee shall exercise those powers or perform those functions or duties under the direction and control of the managing director.

5010

(7}

For the avoidance of doubt, the managing director-

(a} shall remain responsible for the exercise of any power or for the performance of his functions or duties by any officer or employee appointed or by any committee formed under subsection 16); and

(b} shall continue to exercise the powers or perform the functions or duties conferred or imposed upon him by virtue of subsections (2) and (4), notwithstanding the delegation of those powers by the managing director under subsection (4) or the termination by him of such delegation.