10.—(1) There shall be a chief executive officer of the Board who shall be known, and is referred to in this Act, as the Chief Executive.

(2) The Chief Executive shall be appointed and may be removed from office at any time for stated reasons by the Board with the consent of the Minister.

(3) The Chief Executive shall carry on and manage and control generally the administration and business of the Board and perform such other functions as may be determined by the Board.

(4) The Chief Executive shall hold office for such term and upon and subject to such other terms and conditions (including terms and conditions relating to remuneration) as may be determined by the Minister after consultation with the Board and with the consent of the Minister for Finance.

(5) The Board shall act through, and its functions shall be performed in the name of the Board by, the Chief Executive or another officer of the Board duly authorised in that behalf by the Chief Executive.

(6) The Chief Executive shall not be a civil servant within the meaning of the Civil Service Regulation Act, 1956.

(7) The Chief Executive may make proposals to the Board on any matter relating to its activities.

(8) The Chief Executive shall devote the whole of his or her time to his or her duties as Chief Executive and shall not hold any other office or position without the consent of the Board.

(9) The Chief Executive shall not be a member of the Board or of a committee or subcommittee appointed under section 9.

(10) In this section “remuneration” includes allowances for expenses, benefits-in-kind and superannuation.