(1) The Government shall appoint an Officer not below the rank of a Deputy Secretary to Government in the Finance Department as Finance Officer of the Board.
(2) The Finance Officer shall be responsible for all financial and accounting matters of the Board subject to the supervision and control of the Chief Executive and shall prepare the budget to the Board from time to time.
(3) The Finance Officer shall pre-audit all the expenditure of the Board and shall report to the Chief Executive any irregularity that may come to his notice.
(4) The officers and staff of the Board and the Committees shall be under the general supervision and control of the Chief Executive of the Board.