Document ID: chunk:federal_register_of_legislation:C2023C00105:section:16
Version: federal_register_of_legislation:C2023C00105
Segment Type: section
Provision Reference: s 16
Character Range: 18204–19120

16  Appointment of Board members
 (1) Board members are to be appointed:
 (a) by the responsible Ministers by written instrument; and
 (b) on a part‑time basis.
 (2) A person is not eligible for appointment as a Board member unless the responsible Ministers are satisfied that the person has:
 (a) substantial experience or expertise; and
 (b) professional credibility and significant standing;
in at least one of the following fields:
 (c) banking and finance;
 (d) venture capital, private equity or investment by way of lending or provision of credit;
 (e) economics;
 (f) engineering;
 (g) energy technologies;
 (h) government funding programs or bodies;
 (i) the environmental sector;
 (j) financial accounting;
 (k) law.
 (3) The following persons are not eligible for appointment as a Board member:
 (a) an employee of the Commonwealth;
 (b) the holder of a full‑time office under a law of the Commonwealth.