5Establishment of the ARC

5 Establishment of the ARC

(1) The Australian Research Council is established by this section. (2) The ARC consists of: (aa) the Board; and (a) the CEO; and (b) the designated committees; and (c) the staff of the ARC. (3) For the purposes of the finance law (within the meaning of the Public Governance, Performance and Accountability Act 2013): (a) the ARC is a listed entity; and (b) the members of the Board are the accountable authority of the ARC; and (c) the following persons are officials of the ARC: (i) the CEO; (ia) the members of the Board; (ib) the members of the Board committees; (ii) the members of the designated committees; (iii) the staff of the ARC; and (d) the purposes of the ARC include: (i) the functions of the ARC referred to in section 6; and (ia) the functions of the Board referred to in section 9; and (ii) the functions of the designated committees referred to in section 31; and (iii) the functions of the CEO referred to in section 33B.