130Nominations to be made by Selection Committees

130 Nominations to be made by Selection Committees

(1) A Selection Committee for an R&D Corporation must, within the period specified by the Minister in a request under section 123, give to the Minister a written notice nominating the person or persons it considers suitable for appointment to the R&D Corporation, having regard to the desirability of reflecting diversity, including a diversity of expertise, experience and gender, among the nominees. (2) For the purpose of enabling it to make a nomination, the Selection Committee: (a) must invite nomination of persons for appointment by advertisements placed in a publication, or published on a website, that it considers appropriate; and (b) must invite nomination of persons for appointment from the representative organisation or representative organisations of the R&D Corporation; and (c) may invite nomination of persons for appointment in any other way it considers appropriate; and (d) must make a list of persons the Selection Committee considers suitable for nomination and the details of their expertise and experience. (3) A notice under subsection (1) is to include a statement: (a) containing, in respect of each nominee: (i) details of the nominee’s qualifications and experience; and (ii) any other information, relating to the nominee, that the Selection Committee considers will assist the Minister in deciding whether or not to appoint the nominee; and (b) specifying how, in the Selection Committee’s opinion, the nomination or nominations will best ensure that the directors of the R&D Corporation concerned collectively possess: (i) an appropriate balance of expertise in accordance with subsection 131(2); and (ii) experience in board affairs; and (iii) appropriate diversity.