14Qualifications of Board members

14 Qualifications of Board members

14 Qualifications of Board members

(1) The members of a Board are to be persons who in the opinion of the Treasurer (or of the Board when the Board recommends a person for appointment) have substantial experience or expertise, and professional credibility and significant standing, in at least one of the following fields—

(a) the management of investments in financial assets,

(b) corporate governance,

(c) the management or operation of regulated public utility assets (such as regulated energy transmission or distribution assets) or infrastructure assets (such as transport infrastructure assets).

(2) A person is not eligible for appointment as a member of a Board if the person is the holder of a full-time office under a law of the State or is employed in—

(a) the Public Service, or

(b) the Teaching Service, or

(c) the NSW Police Force, or

(d) the NSW Health Service, or

(e) the Transport Service of New South Wales, or

(f) a State owned corporation, or

(g) any other service of the Crown (including the service of any NSW Government agency), or

(h) the service of any other person or body constituted by or under an Act or exercising public functions.

(3) A person is not eligible to be a member of the Board of more than one Corporation under this Act at the same time.