46. Section 56 of the Act of 2021 is amended—

(a) in subsection (1), by the substitution of “Subject to subsection (9), the Board (M)” for “The Board (M)”, and

(b) by the insertion after subsection (8) of the following subsection:

“(9) (a) A selection competition to appoint a chief executive officer may be held before the establishment day and the successful candidate may be appointed by the Minister as the chief executive designate of the MARA.

(b) The chief executive designate shall be appointed chief executive officer on the establishment of the MARA.

(c) The date of the person’s appointment under paragraph (a) shall be deemed to be the date of his or her appointment as chief executive officer.”.