175Existing chief executives of transport agencies

#### 175 Existing chief executives of transport agencies 175 Existing chief executives of transport agencies > > (1) The person holding office as the chief executive (however described) of any of the following bodies immediately before the commencement of this clause is taken to have been appointed by the Director-General, for the balance of the person’s term of appointment, as the chief executive of the body in respect of which the person formerly held office as chief executive— > > > > > (a) RailCorp, > > > > > (b) Roads and Traffic Authority, > > > > > (c) State Transit Authority, > > > > > (d) Sydney Ferries. > > > (2) The person holding office as the chief executive officer of Transport Infrastructure Development Corporation immediately before the commencement of this clause is taken to have been appointed by the Director-General, for the balance of the person’s term of appointment, as the chief executive of the Transport Construction Authority— > > > > > (a) with the same remuneration as that payable to the person immediately before that commencement, and > > > > > (b) on such other terms and conditions relating to that previous appointment as the Director-General determines after consultation with the Director of Public Employment. > > > (3) The person holding office as the chief executive officer of Rail Infrastructure Corporation immediately before the commencement of this clause is taken to have been appointed by the Director-General, for the balance of the person’s term of appointment, as the chief executive of the Country Rail Infrastructure Authority— > > > > > (a) with the same remuneration as that payable to the person immediately before that commencement and, > > > > > (b) on such other terms and conditions relating to that previous appointment as the Director-General determines after consultation with the Director of Public Employment. > > > (4) The person holding office as the chief executive officer of Sydney Metro immediately before the commencement of this clause ceases to hold that office. > > > (5) The person holding office as the chief executive officer of the Public Transport Ticketing Corporation immediately before the commencement of this clause ceases to hold that office. > > > (6) No compensation or remuneration is payable to any person as a consequence of— > > > > > (a) the person ceasing to hold any office, or > > > > > (b) the effect on a person’s existing contract of employment, > > > > because of the operation of this clause. > > > (7) (Repealed)