Principal Officers.16. [(1) The Central Government may, in consultation with the Corporation, appoint a Director General and a Financial Commissioner.](2) The Director General shall be the Chief Executive Officer of the Corporation.(3) [The Director General and the Financial Commissioner] shall be whole-time officers of the Corporation and shall not undertake any work unconnected with their office without the sanction of the Central Government [and of the Corporation].(4) [The Director General or the Financial Commissioner] shall hold office for such period, not exceeding five years, as may be specified in the order [appointing] him. An outgoing [Director General or the Financial Commissioner] shall be eligible for [reappointment] if he is otherwise qualified.(5) [The Director General or .... To read the full section download the app from Google Play store