48Chief executive officers of Rail Corporations

#### 48 Chief executive officers of Rail Corporations 48 Chief executive officers of Rail Corporations > > (1) Despite section 19R(1), on the commencement of that subsection and this clause— > > > > > (a) the holder of the senior executive position of Director, Planning and Access in the SRA becomes, and is taken to be appointed as, the chief executive officer of RAC for the residue of the holder’s term of office as, and subject to the same conditions (including conditions as to remuneration and duration of employment) as those of the holder’s appointment as, Director, Planning and Access with the SRA, and > > > > > (b) the holder of the senior executive position of Group General Manager, Freight Rail in the SRA becomes, and is taken to be appointed as, the chief executive officer of FRC for the residue of the holder’s term of office as, and subject to the same conditions (including conditions as to remuneration and duration of employment) as those of the holder’s appointment as, Group General Manager, Freight Rail with the SRA. > > > (2) Despite subclause (1), a person who is the holder of an executive position under Part 2A of the [Public Sector Management Act 1988](/view/html/repealed/current/act-1988-033) referred to in that subclause is not entitled to exercise a right to return to the public sector or to seek the benefit of section 42R or 42S of the [Public Sector Management Act 1988](/view/html/repealed/current/act-1988-033)— > > > > > (a) on ceasing, on the commencement of this clause, to hold that position, or > > > > > (b) on ceasing to be employed with a Rail Corporation. > > > (3) The other provisions of section 19R apply to a chief executive officer taken to be appointed in accordance with this clause.