Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) The Board shall consist of:
(a) 1 officer of the Army not below the rank of Brigadier appointed by the Chief of Army;
(b) 1 officer of the Air Force not below the rank of Air Commodore appointed by the Chief of Air Force;
(d) 3 persons appointed by the Minister, at least 2 of whom have had extensive business or commercial experience; and
(e) the Managing Director.
(2) The Minister shall appoint one of the persons referred to in paragraph (1) (d) to be the Chairman of the Board.
(3) The Chief of Army and the Chief of Air Force shall jointly appoint one of the officers referred to in paragraph (1) (a) or (b) to be the Deputy Chairman of the Board.
(4) A member of the Board, other than the Managing Director:
(a) shall be appointed to be a part-time member; and
(b) in the case of a person referred to in paragraph (1) (d), holds office for such term, not exceeding 3 years, as is fixed by the Minister in the instrument of his appointment and is eligible for re-appointment.
(5) The Minister may terminate the appointment of a person referred to in paragraph (1) (d) by reason of the misbehaviour or physical or mental incapacity of that person.
(6) If a person referred to in paragraph (1) (d):
(a) becomes bankrupt, applies to take the benefit of any law for the relief of bankrupt or insolvent debtors, compounds with his creditors or makes an assignment of his remuneration for their benefit;
(b) is absent, except on leave granted by the Board, from 3 consecutive meetings of the Board otherwise than on business of the Board undertaken with the approval of the Board; or
(c) fails, without reasonable excuse, to comply with his or her obligations under section 27F or 27J of the Commonwealth Authorities and Companies Act 1997 ;
the Minister shall terminate the appointment of that person.
(7) A person referred to in paragraph (1) (d) may resign his office by writing signed by him and delivered to the Minister.
(8) Power under subregulation (1) to appoint a member of the Board includes power to appoint a person to be the deputy of that member.
(9) In the absence of a member from a meeting of the Board, the deputy of the member may attend the meeting and shall be deemed while so attending to have all the powers and functions of a member other than the Chairman or the Deputy Chairman.