506Directors generally

506 Directors generally S. 506(1) substituted by No. 27/2025 s. 29(1). (1) Subject to this Part, a Director holds office— (a) for a term not exceeding 5 years, as specified in the instrument of appointment; and (b) subject to the terms and conditions determined by the Minister. (2) A Director is eligible for re-appointment. (3) A Director, other than a Director who is an officer or employee who holds a full-time statutory office within the meaning of the **Public Administration Act 2004** or a full-time office with a statutory corporation, is entitled to be paid— S. 506(3)(a) amended by No. 27/2025 s. 29(2). (a) the remuneration as is specified in the instrument of appointment or as may be fixed from time to time by the Minister; and S. 506(3)(b) amended by No. 27/2025 s. 29(2). (b) the travelling and other allowances and expenses as may be fixed from time to time by the Minister. (4) The **Public Administration Act 2004** (other than Part 3 of that Act) applies to a Director in respect of the office of Director.