(1) The Council is to consist of these 15 members:
(a) the Minister, who is to be the Chairperson of the Council;
(b) 7 members nominated by the Australian Council of Trade Unions;
(c) 3 members nominated by the Australian Chamber of Commerce and Industry;
(d) one member nominated by the Business Council of Australia;
(e) one member nominated by the Australian Industry Group;
(f) one member nominated by the National Farmers' Federation;
(g) one member nominated by Master Builders Australia.
(1A) If the Minister is satisfied that an organisation referred to in a paragraph of subsection (1) (including a paragraph as previously amended under this subsection or subsection (1B)):
(a) has changed its name; or
(b) has merged with another organisation; or
(c) has been succeeded by another organisation;
the Governor - General may make regulations amending that paragraph of subsection (1) so that the paragraph refers to the organisation under its new name, to the merged organisation, or to the successor organisation, as the case requires.
(1B) If the Minister is satisfied that:
(a) an organisation referred to in a paragraph of subsection (1) (including a paragraph as previously amended under this subsection or subsection (1A)) has ceased to exist and has not merged with, or been succeeded by, another organisation; and
(b) there is another organisation that performs a broadly similar role;
the Governor - General may make regulations amending that paragraph of subsection (1) so that the paragraph refers to that other organisation.
(1C) Before deciding that he or she is satisfied for the purposes of subsection (1B), the Minister must consult the members of the Council.
Note: This subsection is not intended to limit by implication the matters the Minister may take into account for the purposes of subsection (1A) or (1B).
(2) The Minister appoints the other members of the Council.
(3) Subject to this Act, a member (except the Minister) holds office for such period, not exceeding 2 years, as is specified in the instrument of appointment, but is eligible for re - appointment.