Commonwealth Consolidated Acts

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CLEAN ENERGY FINANCE CORPORATION ACT 2012 - SECT 16

Appointment of Board members

  (1)   Board members are to be appointed:

  (a)   by the responsible Ministers by written instrument; and

  (b)   on a part - time basis.

  (2)   A person is not eligible for appointment as a Board member unless the responsible Ministers are satisfied that the person has:

  (a)   substantial experience or expertise; and

  (b)   professional credibility and significant standing;

in at least one of the following fields:

  (c)   banking and finance;

  (d)   venture capital, private equity or investment by way of lending or provision of credit;

  (e)   economics;

  (f)   engineering;

  (g)   energy technologies;

  (h)   government funding programs or bodies;

  (i)   the environmental sector;

  (j)   financial accounting;

  (k)   law.

  (3)   The following persons are not eligible for appointment as a Board member:

  (a)   an employee of the Commonwealth;

  (b)   the holder of a full - time office under a law of the Commonwealth.



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