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Government Owned Corporations Act 1993
sch.4-sec.92Appointment of chief executive officer
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### sch.4-sec.92 Appointment of chief executive officer
A prescribed GOC subsidiary’s chief executive officer is to be appointed by the subsidiary’s board with the prior written approval of the shareholding Ministers of each shareholding GOC of the subsidiary .
Subsection (1) does not limit a provision of the subsidiary’s constitution requiring the subsidiary’s board to consult the board of a GOC that is a shareholder of the subsidiary before appointing the chief executive officer under the subsection.
sch 4 pt 2 ch 3 pt 6 s 92 ins 1998 No. 21 s 3 sch 1
amd 2001 No. 45 s 29 sch 3 ; 2007 No. 10 ss 61(10)–(11), 62 sch; 2009 No. 9 s 119
(sch.4-sec.92-ssec.1) A prescribed GOC subsidiary’s chief executive officer is to be appointed by the subsidiary’s board with the prior written approval of the shareholding Ministers of each shareholding GOC of the subsidiary .
(sch.4-sec.92-ssec.2) Subsection (1) does not limit a provision of the subsidiary’s constitution requiring the subsidiary’s board to consult the board of a GOC that is a shareholder of the subsidiary before appointing the chief executive officer under the subsection.