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COMMONWEALTHAct
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s 12

Appointment of directors

In force
Part 2Commonwealth Superannuation Corporation
Division 2Board of CSC
Subdivision BAppointment etc. of directors

12 Appointment of directors

(1)

A director is to be appointed by the Minister by written instrument, on a part‑time basis.

Note:

A director is eligible for reappointment: see the Acts Interpretation Act 1901.

(2)

A person is not eligible for appointment as a director if the person’s appointment would result in a contravention of a SIS fitness and propriety standard.

(3)

In the case of a director who has been nominated by the President of the Australian Council of Trade Unions or the Chief of the Defence Force, the Minister must:

(a)

appoint a person who has been nominated; and

(b)

appoint the person for the period specified in the nomination.

(4)

In the case of any other director, the Minister must consult the Defence Minister before making an appointment.

(5)

The Minister must obtain the Board’s agreement to a person whom the Minister proposes to appoint as the Chair (other than for the appointment of a person as the first Chair).

Note:

For obtaining the Board’s agreement, see section 23.

(6)

A person’s appointment as a director is not invalid because of a defect or irregularity in connection with the person’s appointment.

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Section 12 — Appointment of directors — Governance of Australian Government Superannuation Schemes Act 2011 (Commonwealth) — Barrister AI