13.— (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 carry on and manage, and control generally, the administration and business of the Board and perform such other functions (if any) as may be determined by the Board.

(3) With the consent of the Minister the Chief Executive shall be appointed and may be removed from office by the Board.

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

(5) The Chief Executive shall not be a member of the Board, but he or she may, in accordance with procedures established by the Board, attend meetings of the Board and shall be entitled to speak to and advise such meetings.