Tasmanian Consolidated Acts Tasmanian Consolidated Acts
(1) A company is to have a Board.
(2) On the incorporation day of the appropriate company, the members of the company are to appoint, for a period of 3 years –
(a) the persons holding office as wardens of the former board as the initial directors of the Board of that company; and
(b) the person holding office as master warden of the former board as chairperson of that Board.
(3) If an initial director vacates office before the end of the period of 3 years, the Board –
(a) may request the members of the company to appoint under section 12 a suitable person to replace that director for the balance of that period if the directors of that Board number 4 to 8 inclusive after that vacation; or
(b) must make such a request if the directors of that Board number less than 4 after that vacation.