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.