Acts and Regulations

2015, c.2 - Opportunities New Brunswick Act

Section 15
Disposition versions

Full text
Chief Executive Officer
15(1)The Chief Executive Officer of Opportunities NB shall be appointed as provided for in this section.
15(2)The first Chief Executive Officer shall be appointed by the Lieutenant-Governor in Council for a term not exceeding five years in accordance with a contract of employment which shall be deemed to be a contract of employment between the first Chief Executive Officer and Opportunities NB.
15(3)Each subsequent Chief Executive Officer shall be appointed by the Lieutenant-Governor in Council from among those nominated by the Board in accordance with subsection (7) for a term not exceeding five years.
15(4)The Chief Executive Officer is charged with the supervision, operation and control of the business and affairs of Opportunities NB and may exercise any other powers conferred on or delegated to him or her by the Board in the by-laws.
15(4.1)By by-law, the Board may delegate to the Chief Executive Officer any of the powers of Opportunities NB that relate to its financial assistance activities under this Act or any of the powers of Opportunities NB that the Board considers to be necessary for carrying out those financial assistance activities, including, but not limited to, the powers under paragraph 5(a), (b) or (c) or section 24 or 26.
15(5)The Chief Executive Officer shall be paid the remuneration that the Lieutenant-Governor in Council determines and the payment shall be made out of the funds of Opportunities NB.
15(6)Before making nominations under this section, the Board shall advise the Lieutenant-Governor in Council of the skills and qualification requirements for nominees for the position of Chief Executive Officer.
15(7)In making nominations under this section, the Board shall
(a) use a merit-based and objective approach,
(b) ensure that nominees have the necessary skills and qualifications to hold the office of Chief Executive Officer, and
(c) provide to the Lieutenant-Governor in Council a description of the recruitment, assessment and selection processes used and the results of those processes.
15(8)A Chief Executive Officer may be reappointed, but no person is eligible to serve as Chief Executive Officer for more than ten years, whether consecutively or otherwise.
15(9)The Chief Executive Officer is, by virtue of the office, a non-voting member of the Board and of the Executive Committee.
15(10)On the recommendation of the Board, the Lieutenant-Governor in Council may remove the Chief Executive Officer from office in accordance with a contract of employment between Opportunities NB and him or her or in accordance with applicable law.
15(11)In the case of the temporary absence or inability to act of the Chief Executive Officer, the Board may appoint a substitute for the Chief Executive Officer for the period of the temporary absence or inability to act.
15(12)For the purposes of subsection (8), time served as a substitute appointed under subsection (11) shall count as time served as the Chief Executive Officer.
15(13)Despite subsections (2) and (3), and subject to subsections (10) and (11), the Chief Executive Officer shall remain in office until he or she resigns or is reappointed or replaced.
2015, c.35, s.1
Chief Executive Officer
15(1)The Chief Executive Officer of Opportunities NB shall be appointed as provided for in this section.
15(2)The first Chief Executive Officer shall be appointed by the Lieutenant-Governor in Council for a term not exceeding five years in accordance with a contract of employment which shall be deemed to be a contract of employment between the first Chief Executive Officer and Opportunities NB.
15(3)Each subsequent Chief Executive Officer shall be appointed by the Lieutenant-Governor in Council from among those nominated by the Board in accordance with subsection (7) for a term not exceeding five years.
15(4)The Chief Executive Officer is charged with the supervision, operation and control of the business and affairs of Opportunities NB and may exercise any other powers conferred on him or her by the Board in the by-laws.
15(5)The Chief Executive Officer shall be paid the remuneration that the Lieutenant-Governor in Council determines and the payment shall be made out of the funds of Opportunities NB.
15(6)Before making nominations under this section, the Board shall advise the Lieutenant-Governor in Council of the skills and qualification requirements for nominees for the position of Chief Executive Officer.
15(7)In making nominations under this section, the Board shall
(a) use a merit-based and objective approach,
(b) ensure that nominees have the necessary skills and qualifications to hold the office of Chief Executive Officer, and
(c) provide to the Lieutenant-Governor in Council a description of the recruitment, assessment and selection processes used and the results of those processes.
15(8)A Chief Executive Officer may be reappointed, but no person is eligible to serve as Chief Executive Officer for more than ten years, whether consecutively or otherwise.
15(9)The Chief Executive Officer is, by virtue of the office, a non-voting member of the Board and of the Executive Committee.
15(10)On the recommendation of the Board, the Lieutenant-Governor in Council may remove the Chief Executive Officer from office in accordance with a contract of employment between Opportunities NB and him or her or in accordance with applicable law.
15(11)In the case of the temporary absence or inability to act of the Chief Executive Officer, the Board may appoint a substitute for the Chief Executive Officer for the period of the temporary absence or inability to act.
15(12)For the purposes of subsection (8), time served as a substitute appointed under subsection (11) shall count as time served as the Chief Executive Officer.
15(13)Despite subsections (2) and (3), and subject to subsections (10) and (11), the Chief Executive Officer shall remain in office until he or she resigns or is reappointed or replaced.
Chief Executive Officer
15(1)The Chief Executive Officer of Opportunities NB shall be appointed as provided for in this section.
15(2)The first Chief Executive Officer shall be appointed by the Lieutenant-Governor in Council for a term not exceeding five years in accordance with a contract of employment which shall be deemed to be a contract of employment between the first Chief Executive Officer and Opportunities NB.
15(3)Each subsequent Chief Executive Officer shall be appointed by the Lieutenant-Governor in Council from among those nominated by the Board in accordance with subsection (7) for a term not exceeding five years.
15(4)The Chief Executive Officer is charged with the supervision, operation and control of the business and affairs of Opportunities NB and may exercise any other powers conferred on him or her by the Board in the by-laws.
15(5)The Chief Executive Officer shall be paid the remuneration that the Lieutenant-Governor in Council determines and the payment shall be made out of the funds of Opportunities NB.
15(6)Before making nominations under this section, the Board shall advise the Lieutenant-Governor in Council of the skills and qualification requirements for nominees for the position of Chief Executive Officer.
15(7)In making nominations under this section, the Board shall
(a) use a merit-based and objective approach,
(b) ensure that nominees have the necessary skills and qualifications to hold the office of Chief Executive Officer, and
(c) provide to the Lieutenant-Governor in Council a description of the recruitment, assessment and selection processes used and the results of those processes.
15(8)A Chief Executive Officer may be reappointed, but no person is eligible to serve as Chief Executive Officer for more than ten years, whether consecutively or otherwise.
15(9)The Chief Executive Officer is, by virtue of the office, a non-voting member of the Board and of the Executive Committee.
15(10)On the recommendation of the Board, the Lieutenant-Governor in Council may remove the Chief Executive Officer from office in accordance with a contract of employment between Opportunities NB and him or her or in accordance with applicable law.
15(11)In the case of the temporary absence or inability to act of the Chief Executive Officer, the Board may appoint a substitute for the Chief Executive Officer for the period of the temporary absence or inability to act.
15(12)For the purposes of subsection (8), time served as a substitute appointed under subsection (11) shall count as time served as the Chief Executive Officer.
15(13)Despite subsections (2) and (3), and subject to subsections (10) and (11), the Chief Executive Officer shall remain in office until he or she resigns or is reappointed or replaced.