(1) The Council consists of the following members:
(a) the Chancellor;
(c) the Vice - Chancellor;
(k) one person who is either a dean or the head of a research school and is elected, in either case, by the deans and the heads of the research schools voting together;
(l) one member of the academic staff of the Institute of Advanced Studies elected by members of that staff;
(m) one member of the academic staff of The Faculties elected by members of that staff;
(n) one member of the general staff of the University elected by members of that staff;
(o) one postgraduate student of the University elected by the postgraduate students of the University;
(p) one undergraduate student of the University elected by the undergraduate students of the University;
(q) 7 members appointed by the Minister on the recommendation of the Nominations Committee of Council.
(2) The Nominations Committee of Council consists of:
(a) the Chancellor; and
(b) 6 other persons appointed by the Chancellor in accordance with guidelines determined by the Council.
(3) In making recommendations to the Minister under paragraph ( 1)(q), the Nominations Committee of Council must have regard to the desirability of ensuring that there is a balance of skills, expertise and gender among members of the Council.
(4) At least 2 of the members appointed under paragraph 10(1)(q) must have a high level of relevant financial expertise.
(5) At least one member appointed under paragraph 10(1)(q) must have a high level of relevant commercial expertise.
(6) The Nominations Committee of Council must not recommend under paragraph 10(1)(q) a person who is:
(a) a current member of:
(i) the Commonwealth Parliament; or
(ii) a State Parliament; or
(iii) the legislature of a Territory; or
(b) a current member of the academic or general staff of the University; or
(c) a student of the University ; or
(d) a member of the Nominations Committee of Council.
(7) The Minister must, within 60 days after receiving written advice from the Nominations Committee of Council recommending that a person be appointed to the Council:
(a) appoint the person specified to the Council for a period not exceeding 4 years; or
(b) decide not to appoint the person specified if, in the Minister's opinion, the appointment is not in the best interests of the University.
(8) If the Minister decides under paragraph ( 7)(b) not to appoint a person, the Minister must:
(a) notify the Council, in writing, of the refusal; and
(b) give reasons for the refusal.
(9) In deciding under paragraph ( 7)(b) not to appoint a person, the Minister must only consider the balance of skills, expertise and gender, and the periods of appointment (or proposed periods of appointment) of proposed and continuing members of the Council.
(10) Subject to this Act, the members of the Council referred to in paragraphs ( 1)(k), (l), (m), (n), (o) and (p) hold office for such periods as the Statutes provide.