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Chairperson
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26. (1) The chairperson shall chair the regulator.
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(2) The chairperson shall chair the regulator, including meetings of the regulator, for a period of 5 years from the date of designation, subject to subsection (5).
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(3) A person shall cease to be chairperson on ceasing to be a member of the regulator.
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(4) The chairperson may, by letter addressed to the Minister, resign as chairperson and the resignation shall (unless previously withdrawn in writing) take effect at the commencement of the meeting of the regulator next held after the Minister informs the regulator of the resignation.
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(5) The Minister may revoke a member’s designation as chairperson.
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(6) A person who ceases to be the chairperson shall be eligible for reappointment as chairperson if reappointed as a member of the regulator.
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(7) The Minister may provide for an interim or temporary chairperson where a vacancy arises.
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