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Nuclear Energy Act, 1999 (Act No. 46 of 1999)

Chapter II The South African Nuclear Energy Corporation, Limited

23. General management of Corporation

 

(1) The Corporation’s day to day business and operations will be under the general management of the chief executive officer, subject to the general or specific directions and instructions, if any, that the Board may issue from time to time.

 

(2) The chief executive officer must—
(a) ensure that the functions of the Corporation in terms of this Act are complied with;
(b) report to the Board on the proper performance and functioning of the Corporation;
(c) compile a report on the activities of the Corporation for each financial year and submit the report to the Board for approval;
(d) each financial year, after consulting the Board furnish the Minister with a plan of action for the activities of the Corporation.

 

(3) The chief executive officer is the accounting officer of the Board charged with the responsibility of accounting for all money received, payments made and assets of the Corporation.

 

(4) The chief executive officer must exercise all the powers and perform all the duties conferred or imposed on the accounting officer by—
(a) this Act, the Reporting by Public Entities Act, 1992 (Act No. 93 of 1992), or any other law;
(b) the Board.

 

(5)

(a) Whenever, due to absence or for any other reason, the chief executive officer is temporarily unable to perform the functions of that office, or when that office is vacant, the Board may designate an employee of the Corporation to act as chief executive officer until the incumbent of that office resumes the functions of chief executive officer, or, as the case may be, the vacancy is filled by the Minister through the appointment of another person as chief executive officer under section 22.
(b) While so acting, the designated employee will be competent to exercise and perform all the powers, functions and duties of the chief executive officer in terms of this Act.