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Article 14

No: M/36

Effective from Nov 26 2020 - Nov 25 2020
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1.The Governor shall have a full-time Vice-Governor to assist him in carrying out his duties. The Vice-Governor shall act on the Governor’s behalf if he is absent or if his position becomes vacant to ensure the Bank’s activities are not interrupted.
2.The Vice-Governor shall, upon the recommendation of the Governor, be appointed at grade ‘Excellent’; his appointment and benefits shall be determined pursuant to a royal order.