NSWIn ForceAct
Electricity Retained Interest Corporations Act 2015
15Term of office
Start here
Get a plain-English read of 15
Turn the raw legal text into a practical explanation grounded in Electricity Retained Interest Corporations Act 2015.
15 Term of office
15 Term of office
(1) The Treasurer is to determine the term of office of the first members of a Board and the Board is to determine the term of office of a member appointed to fill a vacancy on the Board.
(2) The term of office of a member of a Board is not to exceed 4 years but a member is eligible for reappointment.
(3) A Board member’s term of office is to be specified in the member’s instrument of appointment.