National Lottery Act, 1986

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Directors of Company.

14.—(1) The number of the directors of the Company shall be seven including the chairman.

(2) The directors of the Company shall be appointed by the Minister.

(3) If and whenever one person is the holder of more than one half in nominal value of the total issued shares in the Company, four of the directors of the Company shall be persons nominated for appointment as such directors by that person with the consent of the Minister and the chairman of the Company shall be such one of those four directors as that person may determine with the consent of the Minister.

(4) A director of the Company may be removed from office at any time by the Minister.

(5) The directors of the company shall hold office for such term and upon such terms and conditions (including terms and conditions relating to remuneration and superannuation, if any) as the Minister, with the consent of the Minister for the Public Service, may determine when appointing them.