Document ID: chunk:federal_register_of_legislation:C2025C00027:section:123
Version: federal_register_of_legislation:C2025C00027
Segment Type: section
Provision Reference: s 123
Character Range: 68003–68857

123  Minister may request the establishment of a Selection Committee
 (1) The Minister must, for the purposes of:
 (a) appointing the nominated directors of an R&D Corporation; or
 (b) filling a vacancy caused by the resignation of, or the termination of the appointment of, any such director;
give a written notice to the Presiding Member of the Selection Committee for that R&D Corporation:
 (c) if there is no Selection Committee for the R&D Corporation—requesting the Presiding Member to establish the Selection Committee; and
 (d) specifying the period within which the Selection Committee must nominate persons, or a person, for appointment.
 (3) If the Minister believes on reasonable grounds that a vacancy of a kind referred to in subsection (1) is about to arise, the Minister may give a notice under subsection (1) before the vacancy arises.