Cap. 10:31 Punuc ENTITIES CoRPORATE GovERNANCE No. 4/2018 PUBLIC ENTITIES CORPORATE GOVERNANCE ACT [CHAPTER 10:31] ARRANGEMENT OF SECTIONS PART I PRELIMINARY Section 1. Short title and date of commencement. 2. Interpretation. 3. Application of Act. 4. Act not to affect composition or independence of constitutional Commissions. PA.RT II CoRPORATE GovERNANCE 5. 6. 7. 8. 9. 10. U!--.'l.T Corporate Govemance Unit. Functions of Unit. Functions of head of Unit. Head of Unit may engage consultants. Minister may give Unit policy directions. Annual reports of Unit. PART III Arroil'<TME.."lT, TENL'RE AND CoNDITIONS oF SERVICE oF BoARDS oF PuBuc E:-..'TIT!ES 11. Appointment of boards of public entities. 12. Remuneration of non-executive members of public entities 13. Conditions of service of executive members of public entities. 14. Restriction on remuneration of board members of public entities. 15. Resignation of board members of public entities. 16. Dismissal of board members of public entities. PART IV ArrorNrrv!ENT AND CoNDrrroNs oF SERVICE oF SENIOR STAFF oF PuBuc El'.'11TIES 17. 18. 19. 20. 21. Appointment of chief executive officers of public entities. Appointment of senior staff of public entities. Conditions of service of senior staff of public entities. RestJiction on remuneration of senior staff of public entities. Restriction on terminal benefits payable to executive members and senior staff of public entities. PARTV STRATEGIC PLANS AND P:t""RFOR.tviANCE Col"\'TRACTs 22. Strategic plans of public entities. 23. Performance contracts \:vith senior staff of public entities. 24. Review and monitoring of compliance with strategic plans and performance contracts. 25. Performance contracts with board members of public entities. 73 DISTRIBUTED BY VERITAS e-mail: veritas@mango.zw; website: www.veritaszim.net Veritas makes every effort to ensure the provision of reliable information, but cannot take legal responsibility for information supplied.

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