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(1) There is hereby established a commission to be known as the Atomic Energy Commission consisting of:

(a) a chairman,

(b) the Director-General of the Commission, and

(c) five other members, all of whom, other than the Director-General, shall be appointed by the President acting in consultation with the Council of State.

(2) A person shall not be appointed a member of the Commission unless that person

(a) is a citizen of Ghana, and

(b) has interest and experience in nuclear sciences and engineering or a reputable knowledge of nuclear and its related sciences.

(3) The Commission shall be a body corporate with perpetual succession and a common seal, may sue and be sued in its corporate name and subject to this Act, shall otherwise have all the attributes of a body corporate in respect of

(a) the right to acquire and hold real or personal property for the purposes of the Commission;

(b) the right to regulate its own procedure;

(c) the investment of the funds of the Commission including the funds in a pension scheme instituted by the Commission for the benefit of its employees in addition to any other pension scheme under any other enactment;

(d) the obtaining of loans, for the purposes of the Commission subject to the prior approval in writing of the Minister responsible for Finance.