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IN exercise of the powers
conferred on the Supreme Military
Council by sections 1 and 2 of the
Statutory Corporations Act, 1964
(Act 232) this Instrument is made
this 6th day of January, 1977.
Section 1—L.I. 651 Amended.
The Ghana Airways Corporation
Instrument, 1970 (L.I. 651) is
hereby amended as follows:
(a) by the substitution for
paragraph 11 thereof of the
following new paragraph:
"11. Staff of Corporation.
(1) The Corporation, may from time
to time engage such employees as
may be necessary for the proper
and efficient conduct of the
business and functions of the
Corporation.
(2) The Corporation may also
engage the services of such
consultants and advisers as the
Board may, upon the recommendation
of the Managing Director,
determine.
(3) Subject to the provisions of
this Instrument the Board shall be
responsible for the appointment,
discipline and removal of an
employee of the Corporation.
(4) The Board may delegate to the
Managing Director the power to
appoint, discipline or remove such
categories of employees as the
Board may determine.
(5) The employees, consultants and
advisers of the Corporation shall
be engaged on such terms and
conditions as the Board may on the
recommendations of the Managing
Director determine.
(6) Public Officers may be
transferred or seconded to the
Corporation or may otherwise give
assistance thereto”.
(b) by the substitution for
paragraph 13 thereof of the
following new paragraph:
"13. Chief Internal Auditor.
(1) The Corporation shall have an
internal auditor to be designated
as the Chief Internal Auditor.
(2) Subject to the provisions of
this Instrument, the Chief
Internal Auditor shall be
responsible to the Managing
Director for the performance of
his functions.
(3) As part of his functions under
this Instrument the Chief Internal
Auditor shall at intervals of
three months prepare a report on
the internal audit work carried
out by him during the period of
three months immediately preceding
the preparation of the report and
submit the report to the Managing
Director.
(4) Without prejudice to the
general effect of sub-paragraph
(3) of this paragraph the Chief
Internal Auditor shall make in
each report such observations as
appear to him necessary as to the
conduct of the financial affairs
of the Corporation during the
period to which the report
relates.
(5) The Chief Internal Auditor
shall send a copy of each report
prepared by him under this
paragraph to the Commissioner and
also to each of the following:
the Commissioner responsible for
Finance,
the Auditor-General, and
the Chairman of the Board.”
(c) by the substitution for
paragraph 21 thereof of the
following new paragraph:
"21. Financial Year of
Corporation.
The financial year of the
Corporation shall end on the 30th
day of June in each year.”
(d) by the insertion immediately
after paragraph 21 thereof of the
following new paragraph:
"21A. Estimates of Corporation.
The Managing Director shall cause
to be prepared not later than two
months before the commencement of
each financial year a budget
showing the estimates of revenue
and expenditure of the Corporation
for that financial year and shall
submit such estimates to the Board
for its approval.”
(e) by the substitution for
sub-paragraph (1) (b) of
paragraph 23 thereof of the
following new sub-paragraph:
“(b) each report submitted in
relation to that financial year by
the Chief Internal Auditor under
paragraph 13 of this Instrument.”
GENERAL I. K. ACHEAMPONG
Chairman of the Supreme Military
Council
Date of Gazette Notification: 14th
January, 1977
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