Chairperson of board—appointment, reappointment and removal
3.1.16A Chairperson of board—appointment, reappointment and removal
S. 3.1.16A (Heading) amended by No. 12/2026 s. 9(1).
S. 3.1.16A inserted by No. 69/2015 s. 6.
The board must elect and appoint a director of the board (other than an elected director or the chief executive officer) as the chairperson of the board in accordance with this section.
S. 3.1.16A(1A) inserted by No. 12/2026 s. 9(2).
A director of the board who is appointed as the chairperson of the board is eligible for reappointment.
S. 3.1.16A(2) amended by No. 12/2026 s. 9(3).
Before appointing or reappointing a director as chairperson of the board, the board must notify the Minister in writing of the proposal to make the appointment or reappointment (as the case requires).
S. 3.1.16A(3) amended by No. 12/2026 s. 9(4).
The Minister may, within 20 days after receiving the notification and after considering the board's proposal, give to the board written notice of the Minister's objection to the proposed appointment or reappointment (as the case requires).
S. 3.1.16A(4) amended by No. 12/2026 s. 9(5).
The board must not appoint or reappoint a director as chairperson of the board if the Minister has objected under subsection (3) to the appointment or reappointment (as the case requires).
The board may suspend or remove the chairperson from office at any time.
The Minister may suspend or remove a chairperson from office if the Minister is satisfied that exceptional circumstances exist.
This Act’s bill:Explanatory memorandumSecond reading speech
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