Consumer Credit Act 2025 · Updated to 31 Dec 2025 · Part II · Consumer Credit Commission
23. Absence or inability of Executive Chairman and Deputy Executive Chairman
Feedback & supportDuring the absence of the Executive Chairman or inability of the Executive Chairman to act due to any cause, the Deputy Executive Chairman shall carry out the functions of the Executive Chairman.
Executive Chairman
“Executive Chairman” means the executive chairman of the Board appointed under section 9;
For the purposes of subsection (1), in the case where the Deputy Executive Chairman is also absent or unable to act due to any cause, a senior officer of the Commission specified by the Board on the recommendation of the Nomination and
Deputy Executive Chairman
“Deputy Executive Chairman” means the deputy executive chairman of the Board appointed under section 9;
Remuneration Committee shall carry out the functions of the Executive Chairman.