Commonwealth Numbered Acts

AUSTRALIAN OVERSEAS PROJECTS CORPORATION ACT 1978 No. 105 of 1978 - SECT 13

13. (1) The Board shall consist of-

   (a)  a Chairman;

   (b)  a Deputy Chairman;

   (c)  the Managing Director; and

   (d)  5 other Directors.

(2) The Chairman, the Deputy Chairman and the Directors referred to in
paragraph (1) (d) shall be appointed by the Governor-General and shall be so
appointed as part-time Directors.

(3) At least 4 appointed Directors (of whom at least one is the Chairman or
the Deputy Chairman) shall be persons who are engaged in private industry at
the time of their appointment and appear to the Governor-General to be persons
who have experience in matters related to development projects.

(4) At least one appointed Director shall be a person who is engaged in
private industry at the time of his appointment and appears to the
Governor-General to be a person who has experience in matters related to rural
industry.

(5) An appointed Director shall hold office for such period, not exceeding 3
years, as the Governor-General specifies in his instrument of appointment.

(6) An appointed Director is eligible for re-appointment.

(7) The performance of the functions, or the exercise of the powers, of the
Board is not affected by reason of there being a vacancy or vacancies in the
membership of the Board.