Macquarie Point Development Corporation Act 2012
SCHEDULE 1 - DirectorsSCHEDULE 1 - Directors
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SCHEDULE 1 - Directors SCHEDULE 1 - Directors
1. Interpretation
In this Schedule –
director includes acting director.
2. Term of office
(1) A director who is not also the chief executive officer holds office for such term, not exceeding 3 years, as is specified in the instrument of appointment.
(2) A director who is, or becomes, the chief executive officer holds the office of director only while he or she is the chief executive officer.
(3) Nothing in subclause (2) prevents a person from being reappointed as a director after his or her previous appointment is terminated by reason of that subclause.
3. Conditions of appointment
(1) A director is entitled to be paid the remuneration and allowances determined by the Governor.
(2) A director holds office on such conditions in relation to matters not provided for by this Act as are specified in the instrument of appointment.
(3) In subclause (2) –
matters includes superannuation.
4. Devotion of whole time to duties
(1) Where the holder of an office under an Act is required, by or under any Act, to devote the whole of his or her time to the duties of that office, that requirement does not operate to disqualify the holder from holding that office in conjunction with the office of director.
(2) A director may hold the office of director in conjunction with State Service employment.