Automatic Enrolment Retirement Savings System Act 2024

Conditions of membership of Board

13. (1) Subject to section 21 , a member of the Board shall hold office on such terms and conditions as the Minister, with the consent of the Minister for Public Expenditure, National Development Plan Delivery and Reform, determines.

(2) The Minister may, with the consent of the Minister for Public Expenditure, National Development Plan Delivery and Reform, determine that the chairperson shall be paid additional remuneration or allowances on account of his or her responsibilities as chairperson.

(3) A member may at any time by notice in writing to the Minister—

(a) resign from the Board, or

(b) in the case of the chairperson, with or without resigning from the Board, resign from the office of chairperson.

(4) A resignation under subsection (3) takes effect on the date specified in the notice to the Minister, or on the date on which the Minister receives the notice, whichever is the later.