s.30Chief Executive Officer and Executive Directors
30
Section 30Part 5 — The staff

Chief Executive Officer and Executive Directors

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The Chief Executive Officer and the Executive Directors shall each have substantial knowledge and experience in one or more of the following fields —
utility regulation or competition;
accounting;
economics;
engineering;
finance;
law;
public policy; or
any other field related to the functions of the Office;
and the Executive Directors shall each have substantial technical, operating and regulatory knowledge and experience in their respective areas of responsibility.
The Chief Executive Officer and the Executive Directors shall each serve for a term of three years, and may each be reappointed for one or more subsequent terms.
The Chief Executive Officer, subject to the policies and delegated authorities of the Board, shall be the principal administrative officer of the Office and shall be responsible, subject to the direction of the Board, for carrying out the functions of the Office.
The Chief Executive Officer, consistent with policies of the Board may —
retain, suspend and dismiss staff as otherwise allowed by law;
supervise, direct and give assignments to the staff;
prepare the proposed budget, and manage and account for the finances, of the Office;
engage persons having technical or special knowledge that the Office requires to carry out its functions under this Act;
coordinate the implementation of the Office's regulatory agenda;
supervise the preparation of strategic and annual plans;
enter into contracts for the provision of goods and services required by the Office for the conduct of its business; and
perform such other duties as the Board may direct.
Subject to subsection (5A), the Board, having given notice to and provided opportunity for comment by the Chief Executive Officer may, by a unanimous vote of the Members of the Board, suspend or revoke the appointment of the Chief Executive Officer for —
serious or gross misconduct; or
inadequate performance over a reasonable period of time.
The Board may not suspend or revoke the appointment of the Chief Executive Officer under subsection (5) unless the Board has given the executive member adequate opportunity to improve performance to the required level.
The Board shall determine inadequate performance by evaluating two or more consecutive performance agreements of the Chief Executive Officer.
The Chair shall consult with the Minister prior to revoking the appointment the Chief Executive Officer.
In any case in which —
the Board has suspended or revoked the appointment of the Chief Executive Officer pursuant to subsection (5); or
the Chief Executive Officer is unable to perform duties for an extended period due to ill health or absence from the Islands or other good cause,
the Board shall appoint a member of the staff, or other qualified person not being a non-executive member, to serve as the interim Chief Executive Officer.
A person appointed pursuant to subsection (6), when acting within the scope of the appointment, shall exercise the full authority of the Chief Executive Officer or relevant Executive Director, and shall be eligible for remuneration commensurate to the service provided.

Cross References

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