Regional Investment Corporation Act 2018
17Appointment of Board members
Start here
Get a plain-English read of 17
Turn the raw legal text into a practical explanation grounded in Regional Investment Corporation Act 2018.
17 Appointment of Board members
(1) Board members are to be appointed by the responsible Ministers by written instrument, on a part‑time basis. (2) A person is not eligible for appointment as a Board member unless the responsible Ministers are satisfied that the person has: (a) appropriate qualifications, skills or experience in one or more of the following: (i) agribusiness and the financial viability of businesses within the agricultural sector; (ii) banking and finance; (iii) water infrastructure planning and financing; (iv) issues concerning rural industries and communities; (v) economics; (vi) financial accounting or auditing; (vii) government funding programs or bodies; (viii) law; (ix) drought resilience; or (b) expertise in an area that is relevant to a program prescribed by the rules under subsection 8(5).