Turf Development Act, 1998
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Chairperson of Company. |
19.—(1) Subject to subsection (2), the chairperson of the Company shall be appointed from among the directors by the Minister with the consent of the Minister for Finance and may, subject to section 18 (8), be removed from office by the Minister with the like consent and shall hold office as such chairperson for such period not exceeding 5 years as may be determined by the Minister with the consent of the Minister for Finance at the time of his or her appointment. | |
(2) The person who, immediately before the vesting day, is the Chairman of the Board shall, on that day, become and be the chairperson of the Company and shall hold office as such chairperson for the remainder of the term for which he or she had been appointed to be the Chairman of the Board. | ||
(3) A person who holds the office of chairperson of the Company shall be eligible for re-appointment to that office. | ||
(4) A person who ceases to hold the office of chairperson of the Company may, if the Minister, with the consent of the Minister for Finance, so determines, continue to hold the office of director and he or she shall be eligible for re-appointment as a director. |