¹[ 7. The Board of the Corporation shall consist of the following Directors, namely :-

a) the Chairman;

b) the Managing Director;

c) a representative, not below the rank of a Joint Secretary, to be nominated by the Finance Division of the Ministry of Finance;

d) a representative, not below the rank of a Joint Secretary, to be nominated by the Financial Institutions Division of the Ministry of Finance;

e) a representative, not below the rank of a Joint Secretary, to be nominated by the Ministry of Housing and Public works;

f) an Additional Chief Engineer to be nominated by the Ministry of Housing and Public works; and

g) a Professional Accountant to be appointed by the Government.]