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REGIONAL INVESTMENT CORPORATION ACT 2018


TABLE OF PROVISIONS

           Long Title

   PART 1--INTRODUCTION

   1.      Short title  
   2.      Commencement  
   3.      Simplified outline of this Act  
   4.      Definitions  
   5.      Crown to be bound  
   6.      Extension to external Territories  

   PART 2--REGIONAL--INVESTMENT CORPORATION

           Division 1--Establishment and functions

   7.      Establishment  
   8.      Functions of the Corporation  
   9.      Powers of the Corporation  
   10.     Corporation does not have privileges and immunities of the Crown  

           Division 2--OperatingMandateandotherdirections

   11.     Operating Mandate  
   12.     Responsible Ministers may give other directions to the Corporation  
   13.     Compliance with directions  
   13A.    Tabling of water infrastructure project agreements etc.  

   PART 3--BOARD--OF THE CORPORATION

           Division 1--Establishment and functions of the Board

   14.     Establishment of the Board  
   15.     Functions of the Board  

           Division 2--Members of the Board

   16.     Membership  
   17.     Appointment of Board members  
   18.     Chair  
   19.     Term of appointment  
   20.     Acting appointment  
   21.     Remuneration  
   22.     Leave of absence  
   23.     Outside employment  
   24.     Other terms and conditions  
   25.     Resignation  
   26.     Termination of appointment  

           Division 3--Meetings of the Board

   27.     Convening meetings  
   28.     Presiding at meetings  
   29.     Quorum  
   30.     Voting at meetings  
   31.     Conduct of meetings  
   32.     Minutes  
   33.     Decisions without meetings  

   PART 4--CHIEF--EXECUTIVE OFFICER, STAFF AND CONSULTANTS

           Division 1--Chief Executive Officer

   34.     Chief Executive Officer  
   35.     Function s of the CEO  
   36.     Appointment  
   37.     Acting appointment  
   38.     Remuneration  
   39.     Leave of absence  
   40.     Outside employment  
   41.     Other terms and conditions  
   41A.    Disclosure of interests  
   42.     Resignation  
   43.     Termination of appointment  

           Division 2--Staff and consultants

   44.     Staff  
   45.     Consultants  

   PART 5--MISCELLANEOUS

   46.     Terms and con ditions of loans  
   47.     Recovery of costs  
   48.     Exemption from t axation  
   49.     Delegation by Corporation  
   50.     Delegation by Board  
   51.     Delegation and subdelegation by CEO  
   52.     Transfer of records to the Corporation  
   53.     Review of operation of Act  
   54.     Rules  


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