Board of directors
524 Board of directors
ACCS must have a board of directors.
The board consists of not less than 5 directors and not more than 7 directors.
Members of the board are appointed by the Minister including—
one director who is to be appointed as the chairperson; and
one director who is to be appointed as the deputy chairperson.
The Minister must not appoint a director under subsection (3) unless the Minister is satisfied the person is—
an Australian legal practitioner within the meaning of the Legal Profession Uniform Law (Victoria); or
a member of Chartered Accountants Australia & New Zealand, Certified Practising Accountants Australia or the Institute of Public Accountants; or
a person holding a professional certificate from the Resolution Institute or another formal qualification in alternative dispute resolution; or
a fellow, graduate member or member of the Australian Institute of Company Directors; or
a person with significant experience in working with a workers' compensation scheme or a statutory no-fault insurance scheme.
S. 525 substituted by No. 73/2016 s. 15.
This Act’s bill:Explanatory memorandumSecond reading speech
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