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Chief Executive.
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13.— (1) There shall be a chief executive officer of the Authority who shall be known, and is referred to in this Act, as the Chief Executive.
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(2) The Chief Executive shall be appointed by the Authority with the approval of the Minister and may, with the approval of the Minister, be removed from office for stated reasons by the Authority.
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(3) The Chief Executive shall carry on, manage and control generally the administration and business of the Authority and shall perform such other functions (if any) as may be determined by the Authority.
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(4) The Chief Executive—
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(a) shall hold office under a contract of service in writing for such period as may be specified in the contract and subject to such other terms and conditions (including terms and conditions relating to remuneration, allowances for expenses and superannuation) as may be determined from time to time by the Authority with the approval of the Minister given with the consent of the Minister for Finance and are so specified, and
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(b) shall be paid out of moneys at the disposal of the Authority.
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(5) The Chief Executive shall not be a member of the Authority or a committee, but he or she may, in accordance with procedures established by the Authority or a committee, as the case may be, attend meetings of the Authority or a committee and shall be entitled to speak at and advise such meetings.
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(6) The Chief Executive shall not hold any office or occupy any other position in respect of which emoluments are payable, or carry on any business, without the consent of the Authority and the approval of the Minister.
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(7) A person who was the Chief Executive shall not, for a period of 12 months following his or her resignation, removal or retirement from office, hold any office or employment or act as a consultant where he or she is likely to use or disclose information acquired by him or her in the performance of his or her functions as Chief Executive.
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