Volta River Development Act (Amendment) Decree, 1968 (N.I.C.D. 268)

N:C:C;O, 268, VOLTA RIVER DEVELOPMENT ACT, 1961 (AMENDMENT) DECREE, 196!1 IN rur1111nnl."e of the Proc11'lmntion entitled "Proclnmation for t~I:' constitution of a National Liberation ,Council for the admnus tration of Ghana and for other matters connected therewith", published in Gazette No. 11 of Monday, 28th February, 19M, this Decree is hereby made: 1. The Volta River Development Act, 1961 (Act 46) hereafter Act 46d d d h , .. 1 .,.hbamene, this Decree referre to as t e 'prmc1pa enactment ts ere y amended by the substitution for eubncction (1) of section '3 lhcrcof of the following new subsection:-~ "Constitu• :.t (1) The Authority shall consist of a Chairman, tion of the Authurity. the Chief Executive appointed under section 5 of this Act and six other persons appointed by the National Liberation Council of whom one, who shall have had experience in financial matters may be appointed as Finance Member. and two shall be appointed to represent major t,onsurners of the ~lectrical power to be generated by the Authority," 2. The prinQipal enactment is hereby aroended by the substitution Section 5 of prJnclPRI for section 5 thereof of the following new section:- ,::nactment "Chief ll) The Authority shalt have an officer to be known teplaced, Executive. as the Chief Executive. (Z)The Chief Executive shall be a person nominated by the National Liberation Council and appointed by the Authority, and shall hold office upon such terms and conditions as the A 11thnrity may determine, (3) The Chief E~ecutive shall devote his full time to the affairs of the Authority. (4) Suhjr;~t to the general control of' tht: Authority on matters of policy, the Chief Executive shall be charged with the direction of the business of the Autho~ity, and of its administration and organisation, and WLth the ~mploy,rnmt) control and dismissal of all the Authority's staff and workpeople." 3., The person holding the office of Chief, Executive of the Transitional A11th0rity immedla.tely before th~ \:ummencemeru of this Decree pr"'"'~1"'11 •