10.—(1) A managing director of the Company may, if the Minister so thinks fit, be appointed from time to time from amongst the directors by (but only by) that Minister with the consent of the Minister for Finance.
(2) A managing director of the Company shall hold office for such term and upon such terms and conditions (including terms and conditions relating to superannuation benefits) as may be determined by the Minister with the consent of the Minister for Finance.
(3) The Minister may, with the consent of the Minister for Finance, remove a managing director of the Company from office at any time.
