National Treasury Management Agency Act, 1990

Chief Executive.

6.—(1) There shall be a chief executive officer of the Agency who shall be known, and is referred to in this Act, as the Chief Executive.

(2) The Chief Executive shall carry on and manage and control generally the administration and business of the Agency and shall perform such other (if any) functions in relation to the Agency as may be determined by the Minister.

(3) The Chief Executive shall hold office for such term and upon and subject to such other terms and conditions (including terms and conditions relating to remuneration) as may be determined by the Minister after consultation with the Committee.

(4) The Agency shall act through, and its functions shall be performed in the name of the Agency by, the Chief Executive or another officer of the Agency duly authorised in that behalf by the Chief Executive.

(5) The Chief Executive shall be directly responsible to the Minister for the performance of the functions of the Agency.

(6) The Minister shall appoint the Chief Executive and may, for stated reasons, suspend him from office or terminate his employment with the Agency.

(7)(a) In the event of the incapacity through illness, or the suspension from office, of the Chief Executive, the Minister may appoint a person, who shall be known, and is referred to in this section, as the Acting Chief Executive, to perform the functions of the Chief Executive.

(b) No Acting Chief Executive shall be appointed to hold office for a term in excess of 12 months.

(c) The Acting Chief Executive shall hold office for such term and upon and subject to such other terms and conditions (including terms and conditions relating to remuneration) as may be determined by the Minister after consultation with the Committee.

(d) The Minister may, for stated reasons, suspend the Acting Chief Executive from office or terminate his appointment as Acting Chief Executive and shall terminate his appointment as Acting Chief Executive upon being satisfied that the incapacity of the Chief Executive has ceased or that his suspension from office has ceased and that he has resumed the performance of his functions.

(e) Subsection (5) and paragraph (a) shall apply to the Acting Chief Executive as they apply to the Chief Executive.

(8) Neither the Chief Executive nor the Acting Chief Executive shall be a civil servant within the meaning of the Civil Service Regulation Act, 1956 .

(9) In this section “remuneration” includes allowances for expenses, benefits-in-kind and superannuation.