T he I nformation C ommunic ation Te c hno lo gy P r ac titio ne r s B ill, 20 I 6 (a) control, supervise and administer the assets of the Institute in such manner as best promotes the purpose for which the Institute is established; (b) determine the provisions to be made for capital and recurrent expenditure and for the reserves of the Institute; (c) receive any grants, gifts, donations or endowments and make legitimate disbursements therefrom; (d) open such banking accounts for its funds as may be necessary; (e) invest any funds of the Institute not immediately required for its purposes in the manner provided in section 36; (f1 undertake any activity necessary for the fulfilment of any of its functions. 8. The Council shall pay its members such remuneration, fees or allowances for expenses as determine upon the advice of the it may Salaries and Rcmuneration of Council membcrs. Remuneration Commission. 9. (1) There shall be a chief executive officer of the Institute who shall be appointed by the Council through an op€[, transparent and competitive recruitment process. (2) The chief executive officer shall- (a) be the accounting officer of the Institute and shall, subject to the direction of the Council, be responsible for the day to day management of the affairs and staff of the institute; (b) be an ex-officio member of the Council but shall have no right to vote at any meetings of the Council; (c) perform such duties as are prescribed by or under this Act. (3) The terms and conditions of service of the chief executive officer shall be determined by the council in the instrument of appointment or otherwise in writing from time to time. (4) A person shall not be appointed as a chief executive officer unless such person is registered as an ICT practitioner under this Act and- Chicf Executivc Officcr.