Board of directors
7.—(1)  There shall be a board of directors of the Authority which shall be responsible for the policy and general administration of the affairs and business of the Authority.
(2)  The board shall, from time to time, inform the Government of the regulatory, supervisory and monetary policies of the Authority.
[13/2007 wef 30/06/2007]
(3)  The board shall consist of —
(a)a chairman who shall be appointed by the President on the recommendation of the Cabinet; and
(b)not less than 4 and not more than 13 other directors, one of whom shall be the deputy chairman, appointed in accordance with sections 8 and 9.
[26/84; 11/91; 28/98]
[Act 9 of 2013 wef 18/04/2013]
(4)  The board shall furnish the Minister with such information as the Minister may require in respect of the duties and functions of the Authority.
[13/2007 wef 30/06/2007]