Section 5
Board of Directors
of Brunei Investment Agency Act
(1)
There shall be a Board of Directors of the Agency which shall be responsible for the policy and general administration of the affairs and business of the Agency.
(2)
The Board shall consist of —
(a)
a Chairman, who shall be appointed by His Majesty the
Sultan and Yang Di-Pertuan;
(b)
a Deputy Chairman, who shall be appointed by His Majesty the Sultan and Yang Di-Pertuan;
(c)
the Managing Director ex-officio; and
(d)
such number of other directors as His Majesty the Sultan and Yang Di-Pertuan may appoint.
(2A)
If the Chairman is unable to exercise his functions under this Act owing to illness, absence from Brunei Darussalam or for any other cause whatsoever, his functions shall be exercised by the Deputy Chairman.
(3)
The Board may, with the approval of His Majesty the Sultan and
Yang Di-Pertuan, invite any person as it thinks fit to attend a meeting of the
Board for the purpose of giving advice to the Board on any matter.
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