s. 13 contract or proposed contract with the Board if the interest of the member may properly be regarded as not being a material interest. (3) The person presiding at a meeting at which a declaration is made under subsection (1) must cause a record of the declaration to be made in the minutes of the meeting. (4) After a declaration is made by a member of the Board under subsection (1)— (a) that member must not be present during any deliberation of the Board with respect to that matter; and (b) that member is not entitled to vote on the matter; and (c) if that member does vote on the matter, the vote must be disallowed. (5) A member of the Board is not to be taken to have a pecuniary interest in a matter only because the member has or may become entitled to a benefit from the Fund. S. 13 13 Chief Executive Officer amended by No. 50/1988 (1) The Chief Executive Officer is subject to the s. 93(2)(Sch. 2 direction and control of the Board. Pt 2 item 15), substituted by No. 94/2005 s. 12. S. 13(2) (2) The Chief Executive Officer is to be appointed by substituted by the Board with the approval of the Minister. No. 61/2013 s. 5. (3) Subject to this section, the terms and conditions of S. 13(3) substituted by appointment of the Chief Executive Officer are to No. 61/2013 be determined by the Board with the approval of s. 5. the Minister.
contract or proposed contract with the Board if the interest of the member may properly be regarded as not being a material interest. (3) The person presiding at a meeting at which a declaration is made under subsection (1) must cause a record of the declaration to be made in the minutes of the meeting. (4) After a declaration is made by a member of the Board under subsection (1)— (a) that member must not be present during any deliberation of the Board with respect to that matter; and (b) that member is not entitled to vote on the matter; and (c) if that member does vote on the matter, the vote must be disallowed. (5) A member of the Board is not to be taken to have a pecuniary interest in a matter only because the member has or may become entitled to a benefit from the Fund. S. 13 amended by No. 50/1988 s. 93(2)(Sch. 2 Pt 2 item 15), substituted by No. 94/2005 s. 12. 13 Chief Executive Officer s. 13 (1) The Chief Executive Officer is subject to the direction and control of the Board. S. 13(2) substituted by No. 61/2013 s. 5. (2) The Chief Executive Officer is to be appointed by the Board with the approval of the Minister. S. 13(3) substituted by No. 61/2013 s. 5. (3) Subject to this section, the terms and conditions of appointment of the Chief Executive Officer are to be determined by the Board with the approval of the Minister.
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