Darussalam Enterprise Act · 2022 Revised Edition · Part 2
5. Board of Directors
Official textFrom Attorney General's Chambers, unchanged
There shall be a Board of Directors of the Darussalam Enterprise which shall be the executive body of the Darussalam Enterprise which may exercise all the powers conferred on the Darussalam Enterprise under this
Act and shall be responsible for the formulation of the policies of the
Darussalam Enterprise, the supervision of the implementation and the general administration of the affairs and business of the Darussalam
Darussalam Enterprise
“Darussalam Enterprise” means the Darussalam Enterprise established under section 3;
Enterprise and all matters to which this Act relates.
The Board shall consist of a Chairman, a Deputy Chairman and not less than five other members as His Majesty the Sultan and Yang
Chairman
“Chairman” means the Chairman of the Board appointed under section 5(2) and includes any temporary Chairman;
Di-Pertuan may appoint.
The members shall be appointed from amongst persons with extensive professional experience in the field of, but not limited to, economics, law, finance, agriculture, fisheries or banking, from both public service and private sector.
Schedule 1 shall have effect with respect to the Board, its members and proceedings.
Terms defined in s 2
Chairman
Defined · s 2“Chairman” means the Chairman of the Board appointed under section 5(2) and includes any temporary Chairman;
Darussalam Enterprise
Defined · s 2“Darussalam Enterprise” means the Darussalam Enterprise established under section 3;
Part
Functions and Powers
Part
Provisions Relating to Staff
Part 5
Part