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Amendment of section 38 of Act of 1993
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69. Section 38 of the Act of 1993 is amended—
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(a) by the substitution of the following subsections for subsections (2) to (4):
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“(2) The first Chief Executive appointed after the commencement of section 69 of the Air Navigation and Transport Act 2022 shall be appointed by the Minister for a period not exceeding 7 years and may, after consultation with the directors of the company, be removed from office by the Minister.
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(3) Each subsequent Chief Executive shall be appointed by the Minister, after consultation with the directors of the company, for a period not exceeding 7 years and may, after consultation with such directors, be removed from office by the Minister.”,
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and
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(b) by the insertion of the following subsection after subsection (6):
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“(7) Each Chief Executive appointed after the commencement referred to in subsection (2) shall be ex officio a director of the company.”.
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