Commonwealth Numbered Acts

EXPORT FINANCE AND INSURANCE CORPORATION ACT 1974 No. 122 of 1974 - SECT 44

44. (1) The Export Finance and Insurance Corporation Board shall consist of-

   (a)  a Chairman;

   (b)  a Deputy Chairman;

   (c)  the Managing Director;

   (d)  the Deputy Managing Director; and

   (e)  such number of other members, not being less than 4 nor more than 7,
        as is from time to time determined by the Governor-General by notice
        published in the Gazette.

(2) The Chairman, the Deputy Chairman and the members of the Board referred to
in paragraph (1) (e) shall be appointed by the Governor-General.

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

(4) An appointed member is eligible for re-appointment.

(5) 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.