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Part · Incorporation and Organisation of Company

10. Chief Executive Officer of Company

(1)

In accordance with the Companies Act (Chapter 39) to the extent that the provisions of that Act are not inconsistent with the provisions of this Order [and where any such inconsistency exists the provisions of this Order shall prevail), execution of the policy and day-to-day management of the Company shall be the responsibility of the Chief Executive Officer who shall be accountable to the

Board.

(2)

His Majesty the Sultan and Yang Di-Pertuan shall appoint the Chief

Executive Officer after consultation with the Board, but he shall not be obliged to act in accordance with any advice given by the Board at such consultation.

(3)

The Chief Executive Officer shall report to the Board and shall not be subject to any control or direction other than by the Board, but subject always to subsection (7) of section 12 and subsection (1) of section 13.

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