65FAInvestment committee

65FA Investment committee

(1) The Board must ensure that the NTAI Corporation has an investment committee. (2) The investment committee has the following functions: (a) providing advice to the Board on the entering into, management and disposal of investments; (b) providing advice to the Board on the development and revision of strategic investment plans; (c) any other functions relating to the investment of the NTAI Corporation’s money. (3) The investment committee must consist of at least 4 members. (4) At least 2 investment committee members must be individuals: (a) who are not Board members; and (b) who the Board is satisfied have expertise in business or financial management. (5) The investment committee must include: (a) the Board member appointed by the Finance Minister under subsection 65EC(2); and (b) at least one Board member appointed by the Board under subsection 65ED(1).