3.
(1) The management of the affairs the Authority shall vest in a Board, appointed by the Minister which shall consist of the following : -
| | (a) two ex-officio members, namely -
| | | (i) the Secretary to the Treasury ; and |
| (ii) Secretary to the Ministry in charge of the Authority ; and |
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| | (b) seven appointed members chosen from among persons who have experience and knowledge in the fields of finance, trade, banking, agriculture, industry, technology and law (hereinafter referred to as "appointed members"). | | |
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(2) The Minister shall appoint one of the members of the Board to be the Chairman. |
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