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(1) There shall be an Executive Committee of the Central
Warehousing Corporation which shall consist of--
(a) the Chairman 1*** of the board of directors;
(b) the managing director; and
(c) two other directors chosen by the Corporation in the prescribed manner.
2[(2) The Chairman of the board of directors shall be the Chairman of the Executive Committee.]
(3) Subject to the general control, direction and superintendence of the board of directors, the
Executive Committee shall be competent to deal with any matter within the competence of the Central
Warehousing Corporation.
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1. The word "and the Vice-Chairman" omitted by Act 45 of 2005, s. 4 (w.e.f. 15-11-2005).
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2. Subs. by s. 4, _ibid_., for sub-section _(2)_ (w.e.f. 15-11-2005).
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