The Economic Regulation of Transport Act, 2024 (Act No. 6 of 2024)Chapter 4 : Establishment of InstitutionsPart A : Transport Economic Regulator35. Chief Executive Officer |
| (1) | The Chief Executive Officer— |
| (a) | must provide administrative support to facilitate the Board carrying out its functions; |
| (b) | must provide advice to the Board on any matter that this Act or any other legislation requires the Board to determine; |
| (c) | must refer any governance matter arising under this Act to the Board for an advisory opinion, if requested to do so by the Executive Regulatory Panel; and |
| (d) | may make a referral contemplated in paragraph (c) at any other time. |
| (2) | The Chief Executive Officer may— |
| (a) | appoint employees or contractors to assist in performing the functions of the Regulator, other than the Executive Officers; |
| (b) | assign any management or other duties to employees of the Regulator, who have appropriate skills to assist in the management, or control over any function of the Regulator; |
| (c) | delegate, with or without conditions, any of the powers or functions of the Chief Executive Officer to any suitably qualified employee of the Regulator, but any such delegation does not divest the Chief Executive Officer of responsibility for the exercise or any power or performance of any duty; and |
| (d) | establish temporary or permanent staff or administrative committees to advise the Regulator on any technical, administrative or financial matter. |
| (3) | The Chief Executive Officer— |
| (a) | is responsible for all matters pertaining to the functions of the Regulator; and |
| (b) | is responsible to the Board for— |
| (i) | all income and expenditure of the Regulator; |
| (ii) | all revenue collected by the Regulator; and |
| (iii) | all assets, and the discharge of all liabilities, of the Regulator. |