Section 8. Officers and servants of the Corporation and their recruitment and conditions of service

(1) The Corporation may appoint such officers and servants as it considers necessary for the efficient performance of its duties and discharge of its functions against the post sanctioned by the State Government. The recruitment and the conditions of service of the officers and servants of the Corporation shall be determined by regulations. (2) The Corporation may, with the previous approval of the appropriate Government, appoint a servant of the Central Government or the State Government as an employee of the Corporation on such terms and conditions as it thinks fit. (3) Subject to the superintendence of the Corporation, the Managing Director shall be the Chief Executive Officer of the Corporation. He shall supervise and control all the officers and servants including any officer of Government appointed on deputation to the Corporation.