Net Zero Economy Authority Act 2024

The Minister may terminate the appointment of the CEO:

for misbehaviour; or

if the CEO is unable to perform the duties of the CEO’s office because of physical or mental incapacity.

Before the Minister terminates the appointment of the CEO under subsection (1), the Minister must consult the Board.

The Minister may terminate the appointment of the CEO if:

the CEO:

becomes bankrupt; or

applies to take the benefit of any law for the relief of bankrupt or insolvent debtors; or

compounds with the CEO’s creditors; or

makes an assignment of the CEO’s remuneration for the benefit of the CEO’s creditors; or

the CEO is absent, except on leave of absence, for 14 consecutive days or for 28 days in any 12 months; or

the CEO engages, except with the Minister’s approval, in paid work outside the duties of the CEO’s office (see section 45); or

the CEO fails, without reasonable excuse, to comply with section 29 of the PGPA Act (which deals with the duty to disclose interests) or rules made for the purposes of that section; or

a majority of the Board members recommend that the Minister terminate the appointment.