31.—(1) There shall be a chief executive officer of the Authority (who shall be known as 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 of the Authority and perform such other functions (if any) as may be determined by the Authority.

(3) Subject to subsection (5), the chief executive shall be appointed by the Authority with the consent of the Minister.

(4) The chief executive may be removed from office by the Authority for stated reasons.

(5) The Minister may, before the establishment day, designate a person to be appointed to be the first chief executive.

(6) If, immediately before the establishment day, a person stands designated by the Minister under subsection (5), the Authority shall appoint that person to be the first chief executive.

(7) The chief executive shall hold office upon and subject to such terms and conditions (including terms and conditions relating to remuneration and allowances) as may be determined by the Authority with the consent of the Minister given with the consent of the Minister for Finance.

(8) The chief executive shall not hold any other office or employment or carry on any business without the consent of the Authority.

(9) The chief executive may attend meetings of the Authority and may make submissions, orally or in writing, to and otherwise advise the Authority at such meetings in accordance with the procedure of the Authority under section 18(5).