9
CurrentKey features of industry boards
Part 2Industry boards
Division 1Corporate provisions and governance
9 Key features of industry boards
(1)
An industry board—
(a)
is a body corporate; and
(b)
has perpetual succession and a common seal; and
(c)
has all the powers of an individual that are capable of being exercised by a body corporate; and
(d)
has the functions assigned to the board under this Act.
(2)
An industry board is subject to direction by the Minister.
(3)
A direction given by the Minister under subsection (2) must be in writing.
(4)
An industry board must cause a direction given by the Minister to be published in its next annual report.
This Act’s bill:Second reading speech
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