Document ID: chunk:federal_register_of_legislation:C2004A04224:clause:1_26
Version: federal_register_of_legislation:C2004A04224
Segment Type: clause
Provision Reference: sch 1 cl 26
Character Range: 22807–23544

26  Membership of Board

  Section 12 of the Principal Act is amended:
 (a) by inserting after paragraph (1) (c) the following paragraph:
 "(ca) the Managing Director of EFIC;";
 (b) by omitting from paragraph (1) (e) "5" and substituting "4";
 (c) by omitting from paragraph (1) (e) "7" and substituting "6";
 (d) by inserting after subsection (1A) the following subsection:
 "(1B) The Managing Director, and the Deputy Managing Director, of EFIC may not be appointed as Chairperson or Deputy Chairperson.";
 (e) by inserting in subsection (2) "and the Managing Director of EFIC" after "Managing Director";
 (f) by omitting from subsection (4) "7" and substituting "5";
 (g) by omitting from subsection (10) "5" and substituting "4".