|
|
The Articles of Association of the Agency.
|
8.—(1) The Articles of Association of the Agency shall be in such form consistent with this Act as shall be approved of by the Minister after consultation with the Minister for Finance.
|
|
| |
(2) The following provisions shall apply and have effect in relation to the Articles of Association of the Agency, that is to say:—
|
|
| |
(a) the said Articles shall provide that the number of the directors of the Agency shall not be less than three or more than five, including the chairman and the managing director;
|
|
| |
(b) the said Articles shall provide that a member of either House of the Oireachtas shall not, except with the prior approval of the House of which he is a member, be appointed a director of the Agency;
|
|
| |
(c) the said Articles shall provide that the chairman, the managing director and all the other directors shall always be appointed by the Minister for Finance after consultation with the Minister;
|
|
| |
(d) the said Articles shall provide that the qualification for being a director of the Agency shall be the holding of at least one share in the Agency.
|
