Agrement South Africa Act, 2015 (Act No. 11 of 2015)

20. Chief Executive Officer

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(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.