No. 4/2018 Pusuc ENllTIEs CoRPORATE GovERNANCE Cap.l0:31 (8) If the line Minister considers that it is appropriate, on the basis of representations made to him or her by the board, to depart from any applicable model service conditions formulated in tem1s of this section, the line ivlinistcr shall inform the President of his or her intention to do so, and shall not give the board approval to depart therefrom without the President's written leave to do so, given after the President has afforded the Minister and the Minister responsible for finance a reasonable oppmtunity to make any representations on the proposed departure. (9) The head of the line Ministry shall without delay if approval is given by his or her line .Yfinister in accordance with subsection (8) to depart from applicable model service conditions formulated in temlS of this section, inform the head of the Unit of that fact and of the particulars of the departure. ( 10) Any service condition fixed in contravention of this section shall be void. (11) Unless prompt voluntary reimbursement is made of any money or money's worth of a condition of service enjoyed in contravention of this section, the non-executive member of the public entity concerned shall be subjected to a sun:harge levied in accordance with the Third Schedule for the reimbursable amount. 20 Restriction on remuneration of senior staff of public entities (1) The Minister, with the approval of the :tvlinister responsible for finance, and after consultation with the line Minister concerned, may by notice published in the Gazette, specify the maximum amounts that may be received, by way of remuneration, allowances and other benefits, by the chief executive officer and other senior staff members of any public entity: Provided that if the line Minister does not respond within thirty days from his or her receipt of a written request by the Minister seeking consultation with respect to the Minister's proposed amounts that may be received by the chief executive officer and other senior staff members of any public entity by way of remtmeration, allowances and other benefits, the consultation shall be deemed to have been unde1taken and the Minister may proceed to publish the relevant notice in the Gazette. (2) In specifying the maximum amounts that may be received, by way of remuneration, allowances and other benefits, by the chief executive officer and other senior staff members of any public entity, the Minister shall be guided by the principle that the proportion of such remuneration, allowances and benefits that may be received by all employees of the public entity concerned (including the chief executive officer and other senior staff members) must not in general exceed thirty per centum of that entity's revenues or operational budget in the past financial yem: (In this subsection "operational budget'' means the detailed projection of all estimated income and expenses based on forecasted revenue during a given period (usually one year), and has particular reference to an entity which is funded to a significant degree by State subventions or other monies not deriving from any revenues generated by it). (3) Notwithstanding any other law, where a notice has been published in tem1S of subsection (1), no person to whom the notice applies shall be paid or given any remuneration, allowance or benefit in excess of the amount specified in the notice: Provided that a person who, immediately before the notice was published, was being paid or given a higher amount shall be entitled to be paid or given that higher amount for three months after the publication of the notice. (4) No public entity shall92

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