Housing Loans Insurance Act 1965
15Managing Director and Deputy Managing Director
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15 Managing Director and Deputy Managing Director
(1) Subject to this Act and to the directions of the Corporation, the business of the Corporation shall be managed by a Managing Director. (2) The Chairman shall, by virtue of his office, be the Managing Director. (3) There shall be a Deputy Managing Director of the Corporation who shall, in accordance with the directions of the Managing Director, assist the Managing Director in the management of the business of the Corporation. (4) The Deputy Chairman shall, by virtue of his office, be the Deputy Managing Director.