Section 14. Officers and servants of the Corporation

14. Officers and servants of the Corporation.—[11] [(1) Every Corporation shall have a Managing Director, a Chief Accounts Officer and a Financial Adviser, appointed by the State Government: Provided that the same person may be appointed as the Chief Accounts Officer and the Financial Adviser.] (2) A Corporation may appoint[12] [a Secretary and such other officers and employees] as it considers necessary for the efficient performance of its functions. 1. Subs. by Act 63 of 1982, s. 16 and the Sch., for "Corporation" (w.e.f. 13-11-1982). 2. Subs. by s. 16 and the Schedule, ibid., for "such member as may be chosen by the members present" (w.e.f. 13-11-1982). 3. S. 12 re-numbered as sub-section (1) thereof by s. 6, ibid. (w.e.f. 13-11-1982). 4. Subs. by s. 6, ibid., for "Corporation" (w.e.f. 13-11-1982). 5. Subs. by s. 6, ibid., for "of its members" (w.e.f. 13-11-1982). 6. Subs. by Act 71 of 1971, s. 7(a) and the First Sch., for "Chairman or Vice-Chairman" (w.e.f. 3-9-1971). 7. Subs. by Act 63 of 1982, s. 6, for "Chief Executive Officer or General Manager" (w.e.f. 13-11-1982). 8. Ins. by Act 28 of 1959, s. 3 (w.e.f. 1-9-1959) 9. Ins. by Act 63 of 1982, s. 6 (w.e.f. 13-11-1982). 10. Subs. by s. 7, ibid., for s. 13 (w.e.f. 13-11-1982). 11. Subs. by s. 8, ibid., for sub-section (1) (w.e.f. 13-11-1982). 12. Subs. by s. 8, ibid., for "such other officers and servants" (w.e.f. 13-11-1982). 1[(3) The conditions of appointment and service and the scales of pay of the officers and employees of — a Corporation shall (a) as respects the Managing Director, the Chief Accounts Officer and the Financial Adviser, or, as the case may be, the Chief Accounts Officer-cum-Financial Adviser, be such, as may be prescribed, and (b) as respects the other officers and employees, be such, as may, subject to the provisions of section 34, be determined by regulations made under this Act.]