10. [(1) There shall be an Executive Committee consisting of the Chairman, Managing Director and another Director:
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(2) The members of the Executive Committee, other than the Chairman and the Managing Director, shall be elected by the Board.]
(3) Subject to the rules made in this behalf, the Executive Committee shall deal with any matter within the competence of the Board.
(4) The minutes of any meeting of the Executive Committee shall be laid before the Board at its meeting next following the meeting of the Committee.
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