Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Board members are to be appointed by the Minister by written instrument, on a part - time basis.
(2) A person is not eligible for appointment as a Board member unless the Minister is satisfied that the person has appropriate qualifications, skills or experience in one or more of the following:
(a) banking and finance;
(b) law;
(c) housing (including social or affordable housing);
(ca) housing for Aboriginal or Torres Strait Islander people;
(d) infrastructure planning and financing;
(e) local government;
(f) public policy;
(g) an area of expertise prescribed by the rules.
(3) In appointing Board members, the Minister must ensure that:
(a) the Board members collectively have an appropriate balance of qualifications, skills or experience in the fields mentioned in subsection (2); and
(b) at least one Board member has appropriate qualifications, skills or experience in social or affordable housing.