Role of managing director
15 Role of managing director
The managing director is responsible to the Board for the general administration and management of the Trust.
The managing director – must perform any functions, and may exercise any powers, delegated to the managing director by the Board; and must perform any other functions imposed on, and may exercise any other powers granted to, the managing director by this or any other Act.
The Board and managing director may enter into an agreement relating to the Board's expectations of the performance and exercise of the functions and powers of the managing director.
The agreement must not prevent the managing director from performing or exercising any function or power imposed on or given to the managing director by this or any other Act.
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.