Officers of the Bank

(1) The Bank may employ such officers, other employees and agents at such remuneration and on such terms and conditions as it considers necessary or appropriate for the proper conduct of its business. (2) Repealed. (3) Where an officer in the public service is seconded or temporarily transferred for duty to an office in the Bank from a pensionable office within the meaning of the Pensions Act, which Act shall apply to him as if his service in the Bank were pensionable service in a civil capacity under the Government. CAP. 30. (4) Where an officer in the public service is transferred to an office in the Bank and retires on pension from or dies while in service in the Bank, his service in the public service shall rank as qualifying service or pensionable service, as the case may be, for purposes of determining eligibility for pension or other similar benefit from the Bank. (5) Notwithstanding any contrary provision in the Pensions Act or any enactment amending or replacing that Act, where a person employed in a pensionable office in the Bank is transferred to a pensionable office in the public service, his service in the Bank shall rank as qualifying service or pensionable service, as the case may be, for purposes of determining his eligibility for a gratuity or pension under the Pensions Act. CAP. 30. (6) Any person who was in the employment of the Authority on the day immediately preceding the day on which the Bank is established shall, with his consent, be appointed to the staff of the Bank on terms and conditions of service not less favourable than those enjoyed by him under the Authority. 12 Bank.