169Existing Board members

#### 169 Existing Board members 169 Existing Board members > > (1) An existing Board member of Sydney Ferries ceases to hold office on the commencement of section 35H, as inserted by the 2008 amending Act, but is eligible (if otherwise qualified) to be appointed as a member of the Sydney Ferries Board. > > > (2) A person who so ceases to hold office is not entitled to any remuneration or compensation because of the loss of the office. > > > (3) In this clause— > > > > existing Board member means a person (other than the Chief Executive Officer) who held office as a member of the Board of Sydney Ferries immediately before the commencement of section 35H, as inserted by the 2008 amending Act.