New South Wales Consolidated Acts

STATE WATER CORPORATION ACT 2004 - SECT 9

9 Acting chief executive officer

(1) The board may, from time to time, appoint a person to act in the office of chief executive officer during the illness or absence of the chief executive officer of the Corporation.

(2) The board may remove a person from office as acting chief executive officer, at any time, for any or no reason and without notice.

(3) A person, while acting in the office of chief executive officer:

(a) has all the functions of the chief executive officer and is taken to be the chief executive officer, and

(b) is entitled to be paid such remuneration (including travelling and subsistence allowances) as the board may determine.

(4) For the purposes of this section, a vacancy in the office of a chief executive officer is regarded as an absence from office of the chief executive officer.

(5) The board is not to appoint a person to act in the office of chief executive officer during any vacancy in that office without the concurrence of the voting shareholders and the portfolio Minister.

(6) The provisions of this section are in addition to and (except to the extent to which this section provides) do not derogate from the provisions of the State Owned Corporations Act 1989 .