Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A Selection Committee for an R&D Corporation must, within the period specified by the Minister in a request under section 123, give to the Minister a written notice nominating the person or persons it considers suitable for appointment to the R&D Corporation, having regard to the desirability of reflecting diversity, including a diversity of expertise, experience and gender, among the nominees.
(2) For the purpose of enabling it to make a nomination, the Selection Committee:
(a) must invite nomination of persons for appointment by advertisements placed in a publication, or published on a website, that it considers appropriate; and
(b) must invite nomination of persons for appointment from the representative organisation or representative organisations of the R&D Corporation; and
(c) may invite nomination of persons for appointment in any other way it considers appropriate; and
(d) must make a list of persons the Selection Committee considers suitable for nomination and the details of their expertise and experience.
(3) A notice under subsection (1) is to include a statement:
(a) containing, in respect of each nominee:
(i) details of the nominee's qualifications and experience; and
(ii) any other information, relating to the nominee, that the Selection Committee considers will assist the Minister in deciding whether or not to appoint the nominee; and
(b) specifying how, in the Selection Committee's opinion, the nomination or nominations will best ensure that the directors of the R&D Corporation concerned collectively possess:
(i) an appropriate balance of expertise in accordance with subsection 131(2); and
(ii) experience in board affairs; and
(iii) appropriate diversity.