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Chief executive.
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35.—(1) There shall be a chief executive of a company.
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(2) (a) The first chief executive of a company (other than Dún Laoghaire Harbour Company) shall be—
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(i) if functions in relation to the company's harbour stood vested before the relevant vesting day in a harbour authority specified in Part I of the First Schedule to the Act of 1946, the person who was on the day prior to the said day the General Manager of that harbour authority, or
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(ii) if functions in relation to the company's harbour stood vested before the relevant vesting day in a harbour authority specified in Part II of the said Schedule, the person who was on the day prior to the said day the secretary of that harbour authority.
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(b) The first chief executive of Dún Laoghaire Harbour Company shall be a person nominated and appointed by that company after consultation with the Minister.
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(3) Each subsequent chief executive of a company shall be appointed and may be removed from office by the other directors of the company after consultation with the Minister.
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(4) The functions of the chief executive of a company shall be to carry on, manage and control generally the administration of the company, subject to the lawful directions of the directors of the company.
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(5) Save in the case of the first chief executive of a company (other than Dún Laoghaire Harbour Company), the chief executive of a company shall hold office upon and subject to such terms and conditions (including terms and conditions relating to remuneration and allowances) as may be determined by the directors of the company with the consent of the Minister given with the approval of the Minister for Finance.
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