(a) There shall be a Director of the Insolvency Service who shall be known, and is referred to in this Act, as the "Director".
(b) Subject to subsection (13), the Director shall hold office for such period, not exceeding 5 years from the date of his or her appointment under this section, as may be determined by the Minister.
(c) A person who has held office as Director shall be eligible for re-appointment but shall not hold office for periods the aggregate of which exceeds 10 years.
(2) Subject to subsections (12) and (13), the Director shall -
(a) be appointed by the Minister on the recommendation of the Director of the Public Appointments Service after a competition for that purpose under section 47 of the Public Service Management (Recruitment and Appointments) Act 2004 has been held on behalf of the Minister, and
(b) have the appropriate experience, qualifications, training and expertise for the appointment.
(3) The Director shall -
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