Harbours Act 2015
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Chief executive of transferred company | ||
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25. (1) There shall be a chief executive of a transferred company. | ||
(2) The chief executive of a transferred company shall be ex officio a director of the transferred company. | ||
(3) On and from a company transfer day the chief executive of the transferred company— | ||
(a) subject to subsection (6), stands appointed, and | ||
(b) may be removed from office, | ||
by the other directors of a transferred company after consultation with the local authority chief executive concerned. | ||
(4) The functions of the chief executive of a transferred company shall be to carry on, manage and control generally the administration of the transferred company, subject to the lawful directions of the directors of the transferred company. | ||
(5) The chief executive of a transferred 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 transferred company with the consent of the local authority chief executive concerned given with the approval of the Minister for Public Expenditure and Reform. | ||
(6) Notwithstanding subsections (3) and (5), the person who, immediately before a company transfer day, was the chief executive appointed under section 35 of the Act of 1996 of the company specified in the order concerned under section 8 , shall continue as such chief executive of that transferred company for the remainder of the term of office for which he or she was appointed, unless he or she sooner dies, resigns from office or otherwise ceases to hold office and shall stand appointed on the same terms and conditions on which the person was previously retained. |