(1) The Authority may employ persons as it considers necessary for the effective and efficient performance of its functions.
(2) An employee of the Authority shall not be engaged directly or indirectly or have an actual or contingent pecuniary interest in any company, firm or entity which is regulated by the Authority.
(3) The Authority shall employ a Corporate Secretary on terms and conditions as the Board determines.
(4) Notwithstanding this section, the Authority may engage an expert, adviser or consultant on contractual terms to assist in carrying out its functions and any advice or other service under the contract shall be provided in such a manner that avoids any conflict of interest or improper influence on the decision making of the Authority.
(5) The engagement of a person under subsection (4) does not relieve the Authority of its functions under this Act.