Section 12: Secretary of the Board.

(1) The Board shall have a Secretary who shall be-
(a) appointed by the President; and
(b) the General Counsel of the Fund.
(2) The Secretary-
(a) shall be a legal practitioner who has been so qualified for at least 10 years;
(b) shall hold office for five years on such terms, conditions and remuneration as may be approved by the President on the recommendation of the Board; and
(c) may be reappointed for a further term of five years and no more.
(3) The Secretary shall-
(a) issue notices of meetings of the Board;
(b) ensure Board and management compliance with extant laws and regulations, including the provisions of this Act;
(c) keep records of the proceedings of the Board; and
(d) discharge such duties as the Managing Director or the Board may direct.