12
Government Gazette 25 August 2016
Act No. 8, 2016
6105
BUSINESS AND INTELLECTUAL PROPERTY
AUTHORITY ACT, 2016
(b)
subject to section 22(3) of the Public Enterprises Governance Act, is
appointed for a term of five years and on such terms and conditions as
the Board, with the approval of the Minister, may determine;
(c)
is eligible for re-appointment at the expiration of his or her term of
office; and
(d)
may be removed from office before the expiry of his or her term of
office in accordance with the terms and conditions of his or her contract
of employment or the law.
(3)
Subject to the direction and supervision of the Board, the Chief
Executive Officer is responsible for the day-to-day management and administration of
BIPA.
(4)
If the office of the Chief Executive Officer becomes vacant or the Chief
Executive Officer is for any reason unable to perform his or her functions, the Board
may (a)
designate any suitable employee of BIPA; or
(b)
if circumstances so require, appoint a suitable person, after consultation
with the Minister,
to act as Chief Executive Officer until the vacancy is filled or the Chief Executive Officer
is able to perform his or her functions.
(5)
A person designated or appointed under subsection (4) has the powers
and performs the functions of the Chief Executive Officer.
(6)
Subject to the direction and supervision of the Board, the Chief
Executive Officer (a)
supervises the staff members of BIPA and exercises disciplinary powers
over such staff members as may be outlined by personnel rules; and
(b)
is the accounting officer of BIPA, and is responsible for (i)
the proper control and management of the assets of BIPA;
(ii)
the effectiveness and efficiency of BIPA;
(iii)
all income and expenditure of BIPA, including keeping
complete and accurate accounts of all money received or
expended by BIPA in accordance with prevailing international
financial reporting standards so as to give a true reflection of
the transactions and financial situation of BIPA and to represent
accurately the state of affairs and business of BIPA;
(iv)
receiving of all fees payable to BIPA and other revenue
collected by BIPA under this Act or applicable legislation, and
the discharging of liabilities of BIPA; and