New South Wales Consolidated Acts

TRANSPORT ADMINISTRATION ACT 1988 - SECT 18H

18H Board of directors of Transport Infrastructure Development Corporation

(1) The board of directors of Transport Infrastructure Development Corporation is to be appointed by the voting shareholders. The voting shareholders are to consult with the portfolio Minister on the persons (other than the chief executive officer) recommended for appointment as directors.

(2) The board is to consist of not fewer than 3 and not more than 7 directors.

(3) The person for the time being holding office as chief executive officer of Transport Infrastructure Development Corporation is to be a director of the board.

(4) The person for the time being holding office as chief executive officer of RailCorp is to be a director of the board.

(5) The directors of the board (other than the chief executive officers of RailCorp and Transport Infrastructure Development Corporation) must each or together have such expertise (including engineering and rail safety expertise) as the voting shareholders, after consultation with the portfolio Minister, consider necessary in order to realise the objectives of Transport Infrastructure Development Corporation.

(6) Subject to subsection (7), section 20J of and Schedule 8 to the State Owned Corporations Act 1989 have effect with respect to the board of Transport Infrastructure Development Corporation and its constitution and procedure.

(7) Section 20J (2), (3), (4) and (5) of, and clause 4 of Schedule 8 to, the State Owned Corporations Act 1989 do not apply with respect to the board of Transport Infrastructure Development Corporation.

(8) Clause 7 of Schedule 8 to the State Owned Corporations Act 1989 does not apply with respect to the chief executive officer of RailCorp or the chief executive officer of Transport Infrastructure Development Corporation.