SECTION 1. Notwithstanding any general or special law to the contrary, there shall be the office of Treasurer/Collector in the town of Upton.  The Treasurer/Collector shall be appointed and may be removed by the Town Manager. The Treasurer/Collector shall have all the powers, perform the duties and be subject to the liabilities and penalties now or hereafter conferred and imposed by law on Treasurers and Collectors. The Town Manager may establish an employment contract with the Treasurer/Collector not to exceed 5 years, for salary, fringe benefits and other conditions of employment, including, but not limited to, severance pay, reimbursement for expense incurred in the performance of the duties of the office, liability insurance, and conditions of discipline, termination, dismissal, reappointment, performance standards and leave.

SECTION 2. Notwithstanding section 1, the elected incumbent holding office as of the effective date of this act shall serve out the remainder of his elected term, at which time the elected office shall be abolished. The elected incumbent holding office as of the effective date of this act shall then become the first appointed Treasurer/Collector, and shall serve as such until his resignation, retirement or removal for cause. In such case, or if the elected incumbent vacates the office prior to the end of his term or the effective date of this act, appointments to the position of Treasurer/Collector shall be made by the Town Manager in accordance with said section 1.

SECTION 3. This act shall take effect upon its passage.