Air Navigation and Transport (Amendment) Act, 1998

Chief Executive.

29.—(1) There shall be a chief executive of the company (who shall be known as and is referred to in this section as “the Chief Executive”).

(2) The Chief Executive shall be appointed and may be removed from office by the directors of the company.

(3) Notwithstanding anything contained in this section, the person who immediately before the commencement of this Act held office as the Chief Executive of the company shall continue in office as such Chief Executive until the expiration of the period for which that person was appointed as if this Act had not been passed.

(4) The Chief Executive shall hold office upon and subject to such terms and conditions (including terms and conditions relating to remuneration and allowances) as may be determined by the directors of the company with the consent of the Minister given with the approval of the Minister for Finance.

(5) The Chief Executive shall be ex officio a director of the company.