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.