Commonwealth Consolidated Acts

FUTURE FUND ACT 2006 - SECT 46

Acting Chair

             (1)  The nominated Minister may appoint a person to act as the Chair:

                     (a)  during a vacancy in the office of Chair, whether or not an appointment has previously been made to the office; or

                     (b)  during any period, or during all periods, when the Chair is absent from duty or Australia, or is, for any reason, unable to perform the duties of the office.

Acting Board member (other than the Chair)

             (2)  The nominated Minister may appoint a person to act as a Board member (other than the Chair):

                     (a)  during a vacancy in the office of a Board member (other than the Chair), whether or not an appointment has previously been made to the office; or

                     (b)  during any period, or during all periods, when a Board member (other than the Chair) is absent from duty or Australia, or is, for any reason, unable to perform the duties of the office.

Qualifications

             (3)  A person is not eligible for appointment to act as:

                     (a)  the Chair; or

                     (b)  a Board member (other than the Chair);

unless the person is eligible for appointment as a Board member.

Note:          See subsections 38(3) and (4).

Validation

             (4)  Anything done by or in relation to a person purporting to act under an appointment is not invalid merely because:

                     (a)  the occasion for the appointment had not arisen; or

                     (b)  there was a defect or irregularity in connection with the appointment; or

                     (c)  the appointment had ceased to have effect; or

                     (d)  the occasion to act had not arisen or had ceased.

Note:          See section 33A of the Acts Interpretation Act 1901 .