Western Australian Consolidated Acts

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GOLD CORPORATION ACT 1987 - SECT 40

40 .         Managing director of the Mint

        (1)         The Board may, with the approval of the Minister, appoint a person to be managing director of the Mint.

        (2)         The managing director of the Mint shall, subject to the direction of the Board and the chief executive officer of Gold Corporation, manage the affairs of the Mint and, in doing so, shall give effect to the policy of the Board.

        (3)         The managing director — 

            (a)         shall be appointed on such terms and conditions and shall be paid such remuneration and allowances as are determined by the Board;

            (b)         may be removed from office by the Minister on the recommendation of the Board for any reason for which a director holding office under section 5(2)(a) or (b) might be removed from office by the Governor; and

            (c)         may resign by notice given in writing in accordance with his conditions of service.

        [Section 40 amended by No. 28 of 2006 s. 421.]



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