s 26F Appointment of chief executive officer, director, etc., of designated postal licensee
26F.—(1) A designated postal licensee must not appoint a person as its chief executive officer, its director or the chairperson of its board of directors unless it has obtained the prior written approval of the Postal Authority.[34/2007] (2) Where a person has been appointed by a designated postal licensee as its chief executive officer, its director, or the chairperson of its board of directors without the prior written approval of the Postal Authority in contravention of subsection (1), the Postal Authority may issue a direction to the licensee to remove that person as its chief executive officer, its director or the chairperson of its board of directors, as the case may be.[34/2007] (3) This section has effect despite the provisions of any other written law or anything contained in the memorandum or articles of association, or other constitution, of the designated postal licensee.[34/2007] (4) In this section —“chief executive officer”, in relation to a designated postal licensee, means any person, by whatever name described, who —(a) is in the direct employment of, or acting for or by arrangement with, the designated postal licensee; and (b) is principally responsible for the management and conduct of any type of business of the designated postal licensee in Singapore, and includes any person for the time being performing all or any of the functions or duties of a chief executive officer; “director” has the meaning given by section 4(1) of the Companies Act 1967.[34/2007]