8Members of Corporation

8 Members of Corporation

[Section 8 Substituted by No. 18 of 2025, s. 65, Applied:01 Jan 2026]

(1)  The members of the Corporation are –

(a) the Minister; and

(b) the Treasurer.

(2)  If, at any one time, one person is both the Minister and Treasurer –

(a) the Treasurer must nominate another Minister, being a different person, to be a member of the Corporation; and

(b) a reference in this Act to the Minister is taken to be a reference to the other Minister so nominated; and

(c) a reference in this Act, or any other Act, to the members of the Corporation is taken to include a reference to the other Minister so nominated.

(3)  If the Treasurer nominates another Minister as a member of the Corporation, the Treasurer is to notify the Corporation in writing of that fact, as soon as practicable after the Treasurer makes the nomination.