Board
9 Board
The Corporation has a board of directors consisting of – the chairperson of the Board; and the chief executive officer; and not less than 3, and not more than 6, other persons.
The chairperson and the other directors, other than the chief executive officer, are appointed by the Governor on the recommendation of the Minister.
In making a recommendation under subsection (2), the Minister is to have regard to – the need for the chairperson, chief executive officer and other directors together to have the necessary knowledge and skills to achieve the principal objectives of the Corporation; and if the Minister has called for expressions of interest for persons to be appointed to the Board, any expressions of interest received; and the desirability of having as directors both men and women.
A person may not hold the office of chief executive officer in the Corporation in conjunction with the office of chairperson.
Schedule 1 has effect with respect to the directors.
Schedule 2 has effect with respect to meetings of the Board.
This Act’s bill:Explanatory notesSecond reading speech
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