Tourism Act, 2014 (Act No. 3 of 2014)Chapter 3 : South African Tourism Board25. Employment contract and performance agreement of chief executive officer |
(1) | The Board and the chief executive officer must conclude a written contract of employment which must incorporate in an appropriate form the provisions of section 57 of the Public Finance Management Act. |
(2) The Board and the chief executive officer must conclude a performance agreement—
(a) as soon as reasonably practicable but within three months after the appointment of the chief executive officer; and
(b) thereafter, annually within one month of the commencement of each financial year.
(3) The performance agreement must include—
(a) | measurable work performance objectives and targets that must be met by the chief executive officer, and the time frames within which those performance objectives and targets must be met; |
(b) standards and procedures for evaluating the work performance of the chief executive officer and intervals for evaluation; and
(c) the consequences for substandard work performance.