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Chief Executive Officer.
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11.—(1) There shall be a chief executive officer of the Institute who shall be known, and is in this Act referred to, as the Chief Executive Officer.
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(2) The Chief Executive Officer shall carry on and manage and control generally the administration and business of the Institute and shall perform such other functions as may be determined by the Institute.
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(3) The Chief Executive Officer shall hold office on and subject to such terms and conditions (including terms and conditions relating to remuneration and superannuation) as may be determined by the Minister with the consent of the Minister for Finance.
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(4) The Chief Executive Officer shall be paid by the Institute out of moneys at its disposal such remuneration and such allowances for expenses incurred by him in the performance of his functions as may be determined by the Minister, with the consent of the Minister for Finance.
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(5) The Chief Executive Officer shall be appointed, and may be removed from office at any time, by the Institute with the consent of the Minister.
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(6) The Chief Executive Officer shall devote the whole of his time to his duties as Chief Executive Officer and shall not hold any other office or position without the consent of the Institute.
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(7) The Chief Executive Officer may make proposals to the Institute on any matter relating to its activities.
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