Mr Speaker, I think that this whole amendment is necessary because we abandoned the proposed amendment under 9 (ii) on the Order Paper. If we delete “and the Board shall comply”, then we will not need this one.
What my Hon Sister is saying here is good but then it raises an issue of interpretation, that it shall comply, but that it must be within the whatever of the objectives - Who is to determine that? And it does not even tell us what the Board can do. But in this case, we are saying that if they shall comply, then there should be a provision for the Board to give a feedback when it disagrees with the directives. Otherwise, let us delete “shall comply” and we forget of this.
I would, with your leave, propose the amendment that Hon W. O. Boafo has abandoned - clause 12, line 2, which says: “. . . delete and the Board shall comply”. And I want to say that because when you say “shall comply”, we all know what “shall” means, it is mandatory. And Mr Speaker, we have all recognised that one; it is inimical for good corporate governance. Two, when it comes to liabilities as we have realised in recent times in Ghana, then you can have people at the Board level tried for decisions that are taken within the ambit of directives and they think that there is loss.
Of course, I have my own views about the financial loss to the State which I think should not be a law in the first place. But having said this, it is still a law. And so, we need to give some protection to this. So this “shall comply”, does not provide any immunity to the person taking the decision at that level.
So let us move forward; let us modernise the law and say: “The Minister shall give the general directive” and delete “and the Board shall comply”. Otherwise, what we are telling the whole world is that the Board has no discretion at all, and if the Board is going to be rubber-stamping, why are they there at all?