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Road Traffic Management Corporation Act, 1999 (Act No. 20 of 1999)

Chapter 2 : Establishment and governance of Road Traffic Management Corporation

15. Appointment of chief executive officer

 

(1) The Shareholders Committee must, subject to subsection (3), appoint a chief executive officer of the Corporation within three months after the date of commencement of this Act.

 

(2) For the purpose of subsection (1), the Shareholders Committee must invite applications for the post of chief executive officer by publishing an advertisement in the media.

 

(3) Any person appointed as chief executive officer of the Corporation must comply with the requirements determined by the Shareholders Committee by notice in the Government Gazette.

 

(4) The appointment of the chief executive officer is subject to the conclusion of a performance contract between such officer and the Shareholders Committee.

 

(5) A chief executive officer is appointed for a period of five years, on the completion of which the post must be advertised in the manner specified in subsection (2).

 

(6) A chief executive officer is eligible for reappointment after the expiration of the period of appointment referred to in subsection (5).

 

(7) The chief executive officer holds office, subject to subsections (8) and (9), on the terms and conditions, including rmuneration and allowances, as determined in writing by the Shareholders Committee, after consultation with the Minister of Finance.

 

(8) The chief executive officer may not engage in any other paid employment and may not participate in any activity in respect of which he or she is in any way remunerated or receives any benefits or allowances, without the prior written approval of the Shareholders Committee.

 

(9) The chief executive officer or his or her spouse, immediate family member, life partner or business associate, may not hold any director indirect financial interest in any road traffic activity or the road traffic industry—
(a) without the prior approval of the Shareholders Committee; and
(b) unless the minutes of the meeting of the Shareholders Committee reflecting such approval are open to inspection by the public at the head office of the Corporation during business hours.