6. Section 9 of the principal Act is amended by deleting subsection (5) and substituting the following subsection:
“(5) In the event of the absence or inability to act of the managing director, the Minister may appoint —
a director; or
with the President’s concurrence, an officer of the Authority who holds the appointment of assistant managing director or its equivalent or above,
to discharge the duties of the managing director during the period of his absence or inability to act.”.