18.—(1) There must be a chief executive officer of the Corporation, whose appointment, removal, discipline and promotion must be in accordance with the Public Sector (Governance) Act 2018.
(2) The Corporation may, subject to the Public Sector (Governance) Act 2018, appoint an individual to act temporarily as the chief executive officer during any period, or during all periods, when the chief executive officer —
(a)
is absent from duty or Singapore; or
(b)
is, for any reason, unable to perform the duties of the office.
[Act 5 of 2018 wef 01/04/2018]
Staff and employees
19. The Corporation may, subject to the Public Sector (Governance) Act 2018, appoint and employ, on such terms and conditions as it may determine, such other officers, employees, consultants and agents as may be necessary for the effective performance of its functions.
[Act 5 of 2018 wef 01/04/2018]
Pension schemes, provident fund, etc.
20.—(1) The Corporation may, with the approval of the Minister, make regulations for the establishment of a scheme or schemes for the payment of pensions, gratuities, provident fund or other superannuation benefits to such employees or classes of employees of the Corporation as it may determine, or to their legal personal representatives or dependants, on the death or retirement of such employees from the service of the Corporation or on their otherwise leaving the service of the Corporation.
(2) Where any person in the service of the Corporation, who does not come within the scope and effect of any pension or other schemes established under this section, retires or dies in the service of the Corporation or is discharged from that service, the Corporation may grant to him or to such other person or persons wholly or partly dependent on him as the Corporation may think fit such allowance or gratuity as the Corporation may determine.
Remuneration of staff not to be related to profits
21. No salary, fee, wage or other remuneration or allowance paid by the Corporation to any member, employee or agent shall be computed by reference to the profits of the Corporation.
Personal immunity of members and officers of Corporation
22. No matter or thing done and no contract of any kind entered into by the Corporation and no matter or thing done by any member or by any employee of the Corporation or any other person whomsoever acting under its direction shall, if the matter or thing was done or the contract was entered into bona fide for the purpose of carrying out the provisions of this Act, subject any such member or employee or any other person acting under its direction personally to any action, liability, claim or demand whatsoever in respect thereof.