Trade and Investment Queensland Act 2013
sec.33Term of appointment
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sec.33 Term of appointment
Subject to this section, the CEO holds office for the term, not more than 5 years, stated in his or her contract of employment. If otherwise qualified, the CEO is eligible for reappointment. The board may, at any time, end the appointment for any reason or none. The ending of the appointment under subsection (3) does not affect any rights to compensation to which the CEO is entitled under the contract of employment. The CEO may resign by giving a signed notice of resignation to the board at least the required period before the notice is to take effect. The CEO’s appointment ends if he or she stops being qualified to be the CEO. In this section— required period means the period stated in the CEO’s contract of employment or otherwise agreed with the board. (sec.33-ssec.1) Subject to this section, the CEO holds office for the term, not more than 5 years, stated in his or her contract of employment. (sec.33-ssec.2) If otherwise qualified, the CEO is eligible for reappointment. (sec.33-ssec.3) The board may, at any time, end the appointment for any reason or none. (sec.33-ssec.4) The ending of the appointment under subsection (3) does not affect any rights to compensation to which the CEO is entitled under the contract of employment. (sec.33-ssec.5) The CEO may resign by giving a signed notice of resignation to the board at least the required period before the notice is to take effect. (sec.33-ssec.6) The CEO’s appointment ends if he or she stops being qualified to be the CEO. (sec.33-ssec.7) In this section— required period means the period stated in the CEO’s contract of employment or otherwise agreed with the board.