Section 4: The Board
consolidated text (as at 2017). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
4. The Board
(1) The Board of Investment shall be administered and managed by a Board.
(2) The Board shall consist of—
(a) a Chairperson, to be appointed by the Prime Minister, after
consultation with the Leader of the Opposition; and
(b) not less than 6 and not more than 12 other members, to be
appointed by the Prime Minister from representatives of the public
sector, private sector, academia and trade unions.
(3) Every member shall hold office for a period of 3 years on such terms
and conditions as the Prime Minister may determine and shall be eligible for
reappointment.
(4) Every member shall be paid by the Board of Investment such fees as
the Board may, with the approval of the Prime Minister, determine.