(1) The Indigenous Business Australia Chairperson is to be appointed by the Minister on a full - time basis or a part - time basis.
(2) The other Indigenous Business Australia Directors are to be appointed by the Minister on a part - time basis.
(3) The Indigenous Business Australia Chairperson and at least 4 other Indigenous Business Australia Directors are to be Aboriginal persons or Torres Strait Islanders.
(5) Each Indigenous Business Australia Director is to be a person who the Minister is satisfied has experience in:
(a) industry, commerce or finance; or
(b) Aboriginal or Torres Strait Islander community life or enterprises.