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TRANSPORT ADMINISTRATION ACT 1988 - SECT 8 Acting chief executive officer

TRANSPORT ADMINISTRATION ACT 1988 - SECT 8

Acting chief executive officer

8 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.
(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 with the approval of the voting shareholders.
(4) For the purposes of this section, a vacancy in the office of a chief executive officer is regarded as an absence from office.
(5) Clause 5 of Schedule 9 to the SOC Act does not apply to an acting chief executive officer of TAHE.
(6) On and from the SOC conversion day until the first meeting of the board, the voting shareholders may, from time to time, appoint a person to act in the office of chief executive officer until a chief executive officer (or acting chief executive officer) is appointed by the board.