524Board of directors

524 Board of directors (1) ACCS must have a board of directors. (2) The board consists of not less than 5 directors and not more than 7 directors. (3) Members of the board are appointed by the Minister including— (a) one director who is to be appointed as the chairperson; and (b) one director who is to be appointed as the deputy chairperson. (4) The Minister must not appoint a director under subsection (3) unless the Minister is satisfied the person is— (a) an Australian legal practitioner within the meaning of the Legal Profession Uniform Law (Victoria); or (b) a member of Chartered Accountants Australia & New Zealand, Certified Practising Accountants Australia or the Institute of Public Accountants; or (c) a person holding a professional certificate from the Resolution Institute or another formal qualification in alternative dispute resolution; or (d) a fellow, graduate member or member of the Australian Institute of Company Directors; or (e) a person with significant experience in working with a workers' compensation scheme or a statutory no-fault insurance scheme. S. 525 substituted by No. 73/2016 s. 15.