Document ID: chunk:federal_register_of_legislation:C2008A00061:clause:1_235d
Version: federal_register_of_legislation:C2008A00061
Segment Type: clause
Provision Reference: sch 1 cl 235D
Character Range: 8019–8830

235D  Duties of the Chair of the AASB

 (1) The Chair of the AASB, under the Minister, is responsible for managing the Office of the AASB.

 (2) In particular, the Chair of the AASB is responsible for approving:
 (a) the AASB's priorities, business plans and procedures; and
 (b) the Office of the AASB's budgets and staffing arrangements (including level, structure and composition of staffing).

 (3) If the Chair of the AASB takes action that is inconsistent with any advice the FRC has given under paragraph 225(2)(b) or (ba), he or she must:
 (a) make a written record of his or her reasons for not following the advice; and
 (b) give a copy of the advice and of his or her reasons to the Minister; and
 (c) include a copy of the advice and of his or her reasons in the annual report under section 235J.