(1) In addition to the duties, duties and rights mentioned elsewhere in this Act, the other duties, duties and rights of the Executive Director shall be as follows:-
(a) executing or causing to be executed the decision of the Committee,
(b) To prepare the long-term plan, annual program and budget of the fund and submit it to the committee for approval (c) To implement or cause to be implemented long-term plans and annual programs approved by the committee (d) Present the progress report of the work done by the fund periodically to the committee (e) To conduct and manage the day-to-day financial and administration of the fund and supervise, control, direct and supervise the subordinate staff,
(f) To keep records, protect and maintain or arrange for the movable, immovable and tangible assets of the fund,
(g) To verify the decision of the committee and keep records (h) To perform or cause other tasks specified by the committee.
(2) The Executive Director may delegate some of the powers granted to him under this Act to any authorized employee of the Fund.