7Board of directors of
Corporation
(1)
The board of directors of the Corporation is to
consist of not fewer than 3 and not more than 8 directors appointed by the
voting shareholders. The voting shareholders are to consult with the portfolio
Minister on the persons recommended for appointment as
directors.
(2)
The person for the time being holding office as
chief executive officer of the Corporation is to be a director of the
board.
(3)
Of the directors, one is to be a person who is
selected from a panel of 3 persons nominated by Unions NSW by a selection
committee consisting of 2 persons nominated by the voting shareholders and 2
persons nominated by Unions NSW.
(4)
The procedures for constituting the selection
committee, for making nominations and for determining other matters relating
to the selection process are to be determined by regulations under this Act or
(subject to any such regulations) by the voting
shareholders.
(5)
Schedule 8 to the State Owned
Corporations Act 1989 (clause 4 excepted) and section 20J
(subsections (2)–(5) and (7) excepted) of that Act apply with respect to
the board.
(6)
The persons appointed as directors are, between
them, to have the necessary expertise, skills and knowledge that will enable
the Corporation to meet its objectives.
s 7: Am 2005 No 64,
Sch 2.52.