Turf Development Act, 1998

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Chairpersons of subsidiaries.

42.—(1) The chairperson of a subsidiary shall be appointed by the Company from among the directors of the subsidiary with the consent of the Minister and, subject to subsection (3), shall hold office as such chairperson for such period not exceeding 4 years as may be determined by the Company with the consent of the Minister at the time of his or her appointment.

(2) A person who holds the office of chairperson of a subsidiary shall be eligible for re-appointment to that office.

(3) The chairperson of a subsidiary may be removed from office by the Company with the consent of the Minister.