New South Wales Consolidated Acts

NEW SOUTH WALES LOTTERIES CORPORATISATION ACT 1996 - SECT 11A

11A Board of directors

(1) New South Wales Lotteries Corporation is to have a board of directors.

(2) The board is to consist of:

(a) the chief executive officer, and

(b) one director appointed by the voting shareholders on the recommendation of a selection committee comprising:

(i) 2 persons nominated by the portfolio Minister, and

(ii) 2 persons nominated by Unions NSW,

being a person selected by the committee from a panel of 3 persons nominated by Unions NSW, and

(c) at least 2 and not more than 5 other directors, to be appointed by the voting shareholders at their discretion.

(3) The procedures for constituting a selection committee for the purposes of subsection (2) (b), for making nominations and for determining other matters relating to the selection process are to be determined by the regulations or (subject to the regulations) by the voting shareholders.

(4) One of the directors referred to in subsection (2) (c) is (in and by the director’s instrument of appointment or in and by another instrument executed by the voting shareholders) to be appointed as Chairperson of the board.

(5) The board is accountable to the voting shareholders in the manner set out in Part 4 of the State Owned Corporations Act 1989 and in the constitution of New South Wales Lotteries Corporation.

(6) The voting shareholders may remove a director, or the Chairperson, from office at any time for any or no reason and without notice (but only at a duly convened meeting of the voting shareholders) and, in that event, the office of the director or Chairperson is taken to have become vacant for the purposes of Schedule 8 to the State Owned Corporations Act 1989 .

(7) Subject to subsections (8) and (9), Schedule 8 to the State Owned Corporations Act 1989 has effect with respect to the constitution and procedures of the board.

(8) The provisions of section 20J of the State Owned Corporations Act 1989 and of clauses 2 (1) and (2) and 7 (1) (d) and (2) of Schedule 8 to that Act do not apply to New South Wales Lotteries Corporation or to the Chairperson.

(9) The provisions of clause 6 of Schedule 8 to the State Owned Corporations Act 1989 do not apply to the chief executive officer, and the chief executive officer is not entitled to remuneration under that clause, in his or her capacity as a director.