144Boards of private water corporations

#### 144 Boards of private water corporations 144 Boards of private water corporations > > (1) There is to be a board of a corporation. > > > (2) The board is to consist of not less than 3 and not more than 10 members of the corporation. > > > (3) The board has the following functions— > > > > > (a) to direct, control and manage the affairs of the corporation, in accordance with this Act, the regulations and the rules, > > > > > (b) any other functions conferred on the board by or under this Act. > > > (4) A board member holds office for the term prescribed by the rules. > > > (5) The regulations may prescribe the circumstances in which a board member ceases to be a board member. > > **s 144:** Am 2008 No 73, Sch 5 \[10\]; 2018 No 31, Sch 1 \[4\]. Subst 2010 No 133, Sch 2\[54\].