Appointment of Managing Director and other staff

Appointment of Managing Director and other staff.—

1. (1) The Managing Director shall be appointed by the Government: Provided that the Managing Director shall be a person who has knowledge and experience in management of roads or transport or finance or civil engineering.
2. (2) The Corporation may appoint such other officers and employees as it considers necessary for the efficient discharge of its functions under this Act.
3. (3) The conditions of appointment and service of the Managing Director and other officers and employees of the Corporation shall be such as may be provided by regulations.