12Directors of Corporation

### 12 Directors of Corporation > > (1)  The members of the Corporation are to ensure that it has a Board of Directors who have the experience and skills necessary to enable the Corporation to achieve its objectives. > > > (2)  The members of the Corporation are to appoint the Board in accordance with the constitution. > > > (3)  Whenever a vacancy arises on the Board and at least 3 months before the annual general meeting of the Corporation if practicable or, if not practicable, at such other time as the Minister determines, the Minister is to establish a panel consisting of – > > > > > > (a) the chairperson of the Board; and > > > > > > > (b) the Secretary of the Department; and > > > > > > > (c) 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 > > > > > > > (d) 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) . > > > (4)  The Board may submit to the panel a list of names of persons suitable for appointment as subsequent directors and chairperson of the Board. > > > (5)  The panel is to submit to the members of the Corporation a list of names of persons suitable for appointment as subsequent directors and chairperson of the Board. > > > (6)  The panel may regulate its own proceedings as it considers appropriate, including the calling of, and the conduct of business at, its meetings. > > > (7)  The panel may permit members to participate in a particular meeting or all meetings by telephone, video conference or any other means of communication and a member who participates in a meeting as permitted under this subsection is taken to be present at the meeting. > > > (8)  If that number of members of the panel that constitutes a quorum signs a document containing a statement that they are in favour of a resolution or proposal set out in the document, a resolution or proposal in those terms is taken to have been passed or agreed to at a meeting of the panel on the day on which the document is signed or, if the members do not sign it on the same day, on the day on which the last of the members signs the document. > > > (9)  For the purposes of [subsection (8)](#GS12@Gs8@EN) , 2 or more separate documents containing a statement in identical terms, each of which is signed by one or more members, is taken to constitute one document.