113. Delegation of powers, duties and functions of the OIT Board

The OIT Board may, by rules made in that behalf under this Part, delegate any of its powers, duties and functions to any officer of the OIT who shall be an officer not below the rank of a Director.

An officer to whom any power, duty or function is delegated under subsection (1), shall exercise, perform or discharge such power, duty or function, subject to such directions as may be given by the OIT Board.