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. |