Australian Capital Territory Current Acts Australian Capital Territory Current Acts(1) The CEO of a territory authority with a governing board has the following functions:
(a) ensuring, as far as practicable, that the authority's statement of intent is implemented effectively and efficiently;
Example of implementation of statement of intent
achieving objectives in statement of intent
(b) managing the day-to-day operations of the authority in accordance with—
(i) applicable governmental policies (if any); and
(ii) the policies of the authority set by the board; and
(iii) each legal requirement that applies to the authority;
Example for par (iii)
a direction by the independent competition and regulatory commission that relates to the authority
(c) regularly advising the board about the operation and financial performance of the authority;
(d) immediately advising the board about significant events.
(2) In this section:
"significant event", for a territory authority, means an event that the authority is required to tell the responsible Minister about under section 101.