National Treasury Management Agency (Amendment) Act 2014

Chief Executive

11. Section 6 of the Act of 1990 is amended—

(a) by substituting the following for subsection (2):

“(2) The Chief Executive shall manage and control generally the administration and business of the Agency and shall perform any other functions—

(a) conferred on the Chief Executive by or under this Act or any other enactment, or

(b) delegated to the Chief Executive by the Agency (which may delegate any specified function of the Agency or all the functions of the Agency other than specified ones).”,

(b) in subsection (3), by substituting “Agency after consultation with the Minister” for “Minister after consultation with the Committee”,

(c) by substituting the following for subsection (4):

(4) The Chief Executive may delegate to members of staff of the Agency any function—

(a) conferred on the Chief Executive by or under this Act or any other enactment, or

(b) delegated to the Chief Executive by the Agency.”,

(d) by deleting subsection (5),

(e) in subsection (6), by substituting “The Agency, with the consent of the Minister” for “The Minister”,

(f) by deleting subsection (7), and

(g) in subsection (8), by substituting “The Chief Executive shall not” for “Neither the Chief Executive nor the Acting Chief Executive shall”.