Housing Development Agency Act, 2008
R 385
Agrement South Africa Act, 2015 (Act No. 11 of 2015)20. Chief Executive Officer |
| (1) | Subject to section 29(4), the Board must appoint a suitably qualified, experienced and competent person as the Chief Executive Officer. |
| (2) | The Chief Executive Officer holds office for a period not exceeding five years and may be reappointed upon the expiry of his or her term of office. |
| (3) | The appointment of the Chief Executive Officer is subject to such conditions as the Board determines, which includes the determination of remuneration and allowances in accordance with a system approved by the Minister in consultation with the Minister responsible for finance. |
| (4) | The Chief Executive Officer must enter into a performance agreement with the Board on acceptance of the appointment. |
| (5) | The Chief Executive Officer— |
| (a) | is accountable to the Board with regard to the functions assigned or delegated to him or her in terms of this Act or by the Board; |
| (b) | must manage and control the daily activities of Agrément South Africa, in accordance with the business and financial plans of the Board; and |
| (c) | may not, during and for a period of two years following the lapse or termination of his or her period of appointment, directly or indirectly enter into a contractual relationship with Agrément South Africa for the supply of any goods or services. |
