Functions of the Board

In force

(1)

The functions of the Board are:

(a)

to decide, within the scope of the Investment Mandate and the Help to Buy Program Directions, the strategies and policies to be followed by Housing Australia; and

(b)

to ensure the proper, efficient and effective performance of Housing Australia’s functions; and

(c)

any other functions conferred on the Board by this Act.

(2)

The Board has power to do all things necessary or convenient to be done for or in connection with the performance of its functions.

(3)

Anything done in the name of, or on behalf of, Housing Australia by the Board, or with the authority of the Board, is taken to have been done by Housing Australia.

This Act’s bill:Explanatory memorandum Second reading speech

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16 Functions of the Board