Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Board must ensure that the NTAI Corporation has an investment committee.
(2) The investment committee has the following functions:
(a) providing advice to the Board on the entering into, management and disposal of investments;
(b) providing advice to the Board on the development and revision of strategic investment plans;
(c) any other functions relating to the investment of the NTAI Corporation's money.
(3) The investment committee must consist of at least 4 members.
(4) At least 2 investment committee members must be individuals:
(a) who are not Board members; and
(b) who the Board is satisfied have expertise in business or financial management.
(5) The investment committee must include:
(a) the Board member appointed by the Finance Minister under subsection 65EC(2); and
(b) at least one Board member appointed by the Board under subsection 65ED(1).