8Board of directors

#### 8 Board of directors 8 Board of directors > > (1) The Corporation is to have a board of directors. > > > (2) The board is to consist of 7 directors appointed by the Governor on the recommendation of the voting shareholders. > > > (3) The voting shareholders are to consult with the portfolio Minister before recommending any person for appointment as a director. > > > (4) The chief executive officer may be appointed as a director. > > > (5) The board is accountable to the voting shareholders in the manner set out in Part 4 of the [State Owned Corporations Act 1989](/view/html/inforce/current/act-1989-134) and in the constitution of the Corporation. > > > (6) The [Government Sector Employment Act 2013](/view/html/inforce/current/act-2013-040) (Part 6 included) does not apply to the directors of the Corporation. > > > (7) Schedule 8 to the [State Owned Corporations Act 1989](/view/html/inforce/current/act-1989-134) has effect with respect to the constitution and procedure of the board, subject to subsection (8). > > > (8) The provisions of section 20J of the [State Owned Corporations Act 1989](/view/html/inforce/current/act-1989-134), and of clauses 4 and 9 (1) of Schedule 8 to that Act, do not apply to the Corporation. > > **s 8:** Am 2015 No 58, Sch 3.55.