Armaments Corporation of South Africa, Limited Act, 2003 (Act No. 51 of 2003)Chapter 2 : Board of Directors and Employees of Corporation10. Chief Executive Officer |
| (1) | The Board must appoint a Chief Executive Officer for such period and on such conditions as the Board may determine, after consultation with the Minister. |
| (2) | Subject to the directions of the Board, the Chief Executive Officer is responsible for— |
| (a) | the day-to-day management of the affairs of the Corporation: and |
| (b) | administrative control over the employees. |