Commonwealth Consolidated Acts

AUSTRALIAN INDUSTRY DEVELOPMENT CORPORATION ACT 1970 - SECT 11

             (1)  The Board consists of the following members:

                     (a)  the Chair of the Board;

                     (b)  the Chief Executive of the Corporation;

                     (c)  such number of other members as the Minister appoints.

             (2)  The Chair 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 Chair and the ordinary Directors hold office during the Minister's pleasure.

             (4)  The Chair 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.