Document ID: chunk:federal_register_of_legislation:C2004A05165:clause:1_11
Version: federal_register_of_legislation:C2004A05165
Segment Type: clause
Provision Reference: sch 1 cl 11
Character Range: 5177–5919

11  Membership of Board

 (1) The Board consists of the following members:
 (a) the Chairman of the Board;
 (b) the Chief Executive of the Corporation;
 (c) such number of other members as the Minister appoints.

 (2) The Chairman and the ordinary Directors are to be appointed by the Minister by written instrument. The appointment takes effect from the day specified in the instrument.

 (3) The Chairman and the ordinary Directors hold office during the Minister's pleasure.

 (4) The Chairman and the ordinary Directors hold office on a part‑time basis.

 (5) The performance of the functions, or the exercise of the powers, of the Board is not affected only because of there being a vacancy or vacancies in the membership of the Board.