Perbadanan Tabung Amanah Islam Brunei Act · s 13

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13.
Appointment of Managing Director
(1) His Majesty the Sultan and Yang Di-Pertuan may, on the recommendation of the Minister responsible for finance, appoint one of the directors appointed under section 5 to be the Managing Director.
(2) The Managing Director shall be the Chief Executive of the
Perbadanan TAIB.
(3) The Managing Director shall be engaged on such terms and conditions of service as His Majesty the Sultan and Yang Di-Pertuan may decide.
(4) The Managing Director shall be entrusted with the day-to-day administration of the Perbadanan TAIB, preparation of programmes, schemes or projects for the consideration of the Board and the implementation of decision of the Board.
(5) The Managing Director shall be answerable to the Board for his acts and decisions.
(6) In the event of the absence or inability to act of the
Managing Director, the Chairman of the Board of Directors of the
Perbadanan TAIB may, with the consent of His Majesty the Sultan and Yang
Di-Pertuan, appoint any director appointed under section 5(2) to discharge the duties of the Managing Director during the period of his absence or inability:

Perbadanan Tabung Amanah Islam Brunei

CAP. 163 15
Provided that, if the absence or inability is for a period of less than 30 days, the power to make any such appointment shall be vested in the Chairman who shall notify His Majesty the Sultan and Yang Di-Pertuan of the appointment.
Syariah Advisory Committee                                                            [S 18/2022]

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s 13Appointment of Managing Director

(1)

His Majesty the Sultan and Yang Di-Pertuan may, on the recommendation of the Minister responsible for finance, appoint one of the directors appointed under section 5 to be the Managing Director.

(2)

The Managing Director shall be the Chief Executive of the

Perbadanan TAIB.

(3)

The Managing Director shall be engaged on such terms and conditions of service as His Majesty the Sultan and Yang Di-Pertuan may decide.

(4)

The Managing Director shall be entrusted with the day-to-day administration of the Perbadanan TAIB, preparation of programmes, schemes or projects for the consideration of the Board and the implementation of decision of the Board.

(5)

The Managing Director shall be answerable to the Board for his acts and decisions.

(6)

In the event of the absence or inability to act of the

Managing Director, the Chairman of the Board of Directors of the

Perbadanan TAIB may, with the consent of His Majesty the Sultan and Yang

Di-Pertuan, appoint any director appointed under section 5(2) to discharge the duties of the Managing Director during the period of his absence or inability:

Perbadanan Tabung Amanah Islam Brunei

CAP. 163 15

Provided that, if the absence or inability is for a period of less than 30 days, the power to make any such appointment shall be vested in the Chairman who shall notify His Majesty the Sultan and Yang Di-Pertuan of the appointment.

Syariah Advisory Committee [S 18/2022]