Section 81
Provisions relating to appointment under section 80
(1)
A person appointed by the Director General under paragraph 80(1)(a) shall be appointed for such period as may be determined by the Director General, but not exceeding, in any case, two years, but may be reappointed, with the prior approval of the Minister, for three further consecutive periods not exceeding one year each, and shall, during such period of appointment or reappointment, hold his appointment at the pleasure of the Director General.
(2)
The terms and conditions of the appointment referred to in subsection (1) shall, subject to the order under which the appointment is made and to subsection (1), be determined by the Director General and shall be binding on the railway company concerned.
(3)
A person holding any appointment as is referred to
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in subsection (1) shall not incur any obligation or liability solely by reason of his holding such appointment.
(4)
Where a receiver or manager has been appointed in respect of a railway company by the High Court under paragraph 80(1)(b), all proper costs, charges and expenses, including the remuneration of such receiver or manager, shall be payable out of the assets of the railway company in priority to all other claims.