sch.1-sec.12Appointment of directors

### sch.1-sec.12 Appointment of directors A director is to be appointed by the Governor in Council for a term of not more than 5 years. In appointing a person as a director, the Governor in Council must have regard to the person’s ability to make a contribution to the relevant entity’s commercial performance and, if the entity has a statement of corporate intent, the implementation of the statement. A person is not eligible for appointment if the person— is a public service officer; or is not able to manage a corporation because of the Corporations Act , part 2D.6 . sch 1 pt 4 s 12 amd 1998 No. 21 s 28 ; 2001 No. 45 s 29 sch 3 ; 2007 No. 10 s 62 sch (sch.1-sec.12-ssec.1) A director is to be appointed by the Governor in Council for a term of not more than 5 years. (sch.1-sec.12-ssec.2) In appointing a person as a director, the Governor in Council must have regard to the person’s ability to make a contribution to the relevant entity’s commercial performance and, if the entity has a statement of corporate intent, the implementation of the statement. (sch.1-sec.12-ssec.3) A person is not eligible for appointment if the person— is a public service officer; or is not able to manage a corporation because of the Corporations Act , part 2D.6 . - (a) is a public service officer; or - (b) is not able to manage a corporation because of the Corporations Act , part 2D.6 .