12Subsequent directors

### 12 Subsequent directors > > (1)  At least 6 months before the end of the period referred to in [section 11(2)](#GS11@Gs2@EN) and whenever a vacancy arises after the end of that period, the Minister is to establish a panel in respect of a company consisting of – > > > > > > (a) the chairperson of the Board of the company as constituted under that section; and > > > > > > > (b) the Secretary of the department responsible for the administration of the [State Policies and Projects Act 1993](/view/html/inforce/2026-04-12/act-1993-065) ; and > > > > > > > (c) the Secretary of the department responsible for the administration of the [Government Business Enterprises Act 1995](/view/html/inforce/2026-04-12/act-1995-022) ; and > > > > > > > (d) the Secretary of the responsible department. > > > (2)  A Board may submit to the panel a list of names of persons it considers suitable for appointment as subsequent directors and chairperson of that Board. > > > (3)  The panel is to submit to the members of a company a list of names of persons suitable for appointment as subsequent directors and chairperson of that Board of the company. > > > (4)  The Board of a company is to consist of at least 4 and not more than 8 persons appointed by the members of the company. > > > (5)  A director of a Board of one company is not eligible to be appointed as director of a Board of another company at the same time.