SCHEDULE 1 - Directors SCHEDULE 1 - Directors

Section 8(3)

1.   Interpretation

In this Schedule, "director" –

(a) includes an acting director; but

(b) does not include the chief executive officer.

2.   Term of office

A director holds office for a term, not exceeding 3 years, specified in the instrument of appointment.

3.   Holding other office

The holder of an office who is required under any Act to devote the whole of his or her time to the duties of that office is not disqualified from –

(a) holding that office in conjunction with the office of director; or

(b) accepting any remuneration payable to a director.

4.   Remuneration

A director is entitled to be paid any remuneration and allowances the Minister determines.

5.   Leave of absence

The Board may grant leave of absence to a director on any conditions the Board considers appropriate.

6.   Resignation

A director may resign by signed notice given to the Minister.

7.   Removal of director

The Minister may remove a director from office –

(a) if the director has benefited from, or claimed to be entitled to benefit from, a contract made by or on behalf of the Authority, other than a contract for any goods or services supplied by the Authority if the goods or services are ordinarily supplied by the Authority and are supplied on the same terms as are ordinarily supplied to other persons in the same situation; or