18SIRA Board

#### 18 SIRA Board 18 SIRA Board > > (1) There is to be a Board of the State Insurance Regulatory Authority. > > > (2) The SIRA Board is to consist of the following members— > > > > > (a) the chief executive of SIRA, > > > > > (b) the Secretary of the Department of Finance, Services and Innovation or a person nominated by the Secretary, > > > > > (c) up to 5 other members appointed by the Minister (the appointed members). > > > > Note. > > > > Schedule 3 contains provisions relating to the members and procedure of the SIRA Board. > > > (3) The appointed members are to be persons who, in the opinion of the Minister, have skills and experience relevant to matters arising under the workers compensation and motor accidents legislation and the [Home Building Act 1989](/view/html/inforce/current/act-1989-147) and that will assist SIRA in attaining its objectives. > > > (4) A person who is an appointed director of the ICNSW Board is ineligible to be appointed as a member of the SIRA Board. > > > (5) The SIRA Board has the following functions— > > > > > (a) to determine the general policies and strategic direction of SIRA, > > > > > (b) to oversee the performance of the activities of SIRA, > > > > > (c) to give the Minister any information relating to the activities of SIRA that the Minister requests, > > > > > (d) to keep the Minister informed of the general conduct of SIRA’s activities and of any significant development in SIRA’s activities, > > > > > (e) such other functions as are conferred or imposed on it by or under this or any other Act or law. > > **s 18:** Am 2015 No 58, Sch 2.27; 2017 No 28, Sch 2.6 \[1\]; 2018 No 62, Sch 7.1.