Document ID: chunk:federal_register_of_legislation:C2024C00794:section:65fa
Version: federal_register_of_legislation:C2024C00794
Segment Type: section
Provision Reference: s 65FA
Character Range: 356660–357571

65FA  Investment committee
 (1) The Board must ensure that the NTAI Corporation has an investment committee.
 (2) The investment committee has the following functions:
 (a) providing advice to the Board on the entering into, management and disposal of investments;
 (b) providing advice to the Board on the development and revision of strategic investment plans;
 (c) any other functions relating to the investment of the NTAI Corporation's money.
 (3) The investment committee must consist of at least 4 members.
 (4) At least 2 investment committee members must be individuals:
 (a) who are not Board members; and
 (b) who the Board is satisfied have expertise in business or financial management.
 (5) The investment committee must include:
 (a) the Board member appointed by the Finance Minister under subsection 65EC(2); and
 (b) at least one Board member appointed by the Board under subsection 65ED(1).