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(1) The Corporation shall be governed by a Board of directors.

(2) The Board shall comprise the following persons:-

(a) A Chairman to be appointed by the Supreme Military Council;

(b) the Managing Director of the Corporation;

(c) the General Manager of the Tema Steel Works or his representative;

(d) the Principal Secretary of the Ministry of Industries or his representative; and

(e) one person, who is a qualified mechanical engineer employed by a state organisation and has had at least ten years post qualification experience, to be appointed by the Commissioner responsible for Industries.