CmaBylaw
Executive Bylaws
4-5 Chairman’s Capacities Of Module Two: Capital Markets Authority
Section: Chapter Four: The Board of Commissioners of the Authority
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Sunday, 05 February 2017
The chairman represents the Authority before third parties and the court. He assumes the position of the managing director and executes the decisions of the Board. He supervises all the technical and administrative bodies affiliated to the Authority. He exercises his authorities in accordance with the laws, regulations, and decisions acknowledged by the Board as set in the structure of authorities approved by the Board. He shall also be responsible, along with other commissioners, for the management of the Authority. He may delegate one of the commissioners with some of his administrative authorities or to an administrative unit in the Authority.
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