S.L. 628.1 · sl/628.1 (S.L. 628.1)
S.L. 628.1 Art. 47Removal, resignation, death or inability of Key Officer
(1) A Key Officer may not be removed or be substituted without the written consent of the Authority.
(2) In the case of the death, resignation or incapacitation of the Key Officer, or if the Key Officer is disqualified in accordance with regulation 15, the Board of Administrators shall immediately notify the Authority of such circumstance and shall provide the details of one (1) of the administrators who shall temporarily assume the functions and responsibilities of key officer until such time as a new key officer is approved by the Authority.y.
(3) An application for the appointment of a new key officer of the association shall be made by the association as soon as practicable and in any case by not later than one (1) month from the date of the occurrence of the circumstances referred to in sub-regulation (2).
Änderungsgeschichte
- Amended by L.N. 44 of 2026