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National Youth Development Agency Act, 2008 (Act No. 54 of 2008)

14. Employment contract and performance agreement of Chief Executive Officer

 

 

(1) The Board must conclude a written performance agreement with the Chief Executive Officer—
(a) within a reasonable time after the appointment of the Chief Executive Officer; and
(b) thereafter, annually within one month of the commencement of each financial year.

 

(2) The performance agreement must include—
(a) measurable performance objectives and targets that must be met, and must provide for the time-frames within which those performance objectives and targets must be met;
(b) standards  and  procedures  for  evaluating  performance  and  intervals  for evaluation; and
(c) the consequences of substandard performance.

 

(3) The employment contract of the Chief Executive Officer must incorporate in an appropriate form, section 57 of the Public Finance Management Act.