### 122 Composition of Nominal Insurer > > (1) *\[Section 122 Subsection (1) substituted by No. 27 of 1993, s. 35 and Sched. 3 \]*[*\[Section 122 Subsection (1) substituted by No. 48 of 2001, s. 4, Applied:01 Aug 2001\]*](/view/html/inforce/2001-08-01/act-2001-048#GS4@EN) The Nominal Insurer consists of – > > > > > > (a) 4 members appointed by the Minister after consultation with licensed insurers and self-insurers; and > > > > > > > (b) one member nominated by the Treasurer and appointed by the Minister; and > > > > > > > (c) one member appointed by the Minister. > > > (2) *\[Section 122 Subsection (2) omitted by No. 27 of 1993, s. 35 and Sched. 3 \]*[*\[Section 122 Subsection (2) substituted by No. 48 of 2001, s. 4, Applied:01 Aug 2001\]*](/view/html/inforce/2001-08-01/act-2001-048#GS4@EN) The Minister is to appoint one of the members referred to in [subsection (1)(a)](#GS122@Gs1@Hpa@EN) as the chairperson of the Nominal Insurer. > > > (3) [Schedule 6](#JS6@EN) has effect with respect to the membership and meetings of the Nominal Insurer.

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