Western Australian Consolidated Acts

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GOLD CORPORATION ACT 1987 - SECT 7

7 .         Management of Gold Corporation

        (1)         There shall be a chief executive officer and a deputy chief executive officer of Gold Corporation.

        (2)         The chief executive officer shall, subject to the direction of the Board, manage the affairs of Gold Corporation and its subsidiaries.

        (3)         The deputy chief executive officer shall perform such duties as the chief executive officer directs.

        (4)         The chief executive officer and the deputy chief executive officer — 

            (a)         subject to clause 1(1) of Schedule 1, shall be appointed on such terms and conditions and shall be paid such remuneration and allowances as are determined by the Board;

            (b)         may be removed from office by the Minister on the recommendation of the Board for any reason for which a director holding office under section 5(2)(a) or (b) might be removed from office by the Governor; and

            (c)         may resign by notice given in writing in accordance with the officer’s conditions of service.

        (5)         If the chief executive officer is prevented by illness or absence from performing his duties or there is a vacancy in the office of chief executive officer, the deputy chief executive officer shall perform those duties and shall have and may exercise the powers of the chief executive officer.

        [Section 7 amended by No. 10 of 1990 s. 6.]



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