sec.70Appointment of GOC’s first chief executive officer

### sec.70 Appointment of GOC’s first chief executive officer The first chief executive officer of a GOC may be appointed under section 92 before the commencement of a regulation declaring the candidate GOC to be a GOC. For acting under the section— a reference in the section to the GOC’s board is taken to be a reference to the candidate GOC’s board of directors; and a reference in the section to the shareholding Ministers is taken to be a reference to the responsible Ministers of the candidate GOC. s 70 ins 1998 No. 21 s 13 amd 2001 No. 45 s 29 sch 3 sub 2007 No. 10 s 23 (sec.70-ssec.1) The first chief executive officer of a GOC may be appointed under section 92 before the commencement of a regulation declaring the candidate GOC to be a GOC. (sec.70-ssec.2) For acting under the section— a reference in the section to the GOC’s board is taken to be a reference to the candidate GOC’s board of directors; and a reference in the section to the shareholding Ministers is taken to be a reference to the responsible Ministers of the candidate GOC. - (a) a reference in the section to the GOC’s board is taken to be a reference to the candidate GOC’s board of directors; and - (b) a reference in the section to the shareholding Ministers is taken to be a reference to the responsible Ministers of the candidate GOC.