Commonwealth Consolidated Acts

REGIONAL INVESTMENT CORPORATION ACT 2018 - SECT 15

  (1)   The functions of the Board are:

  (a)   to decide , within the scope of the Operating Mandate, the strategies and policies to be followed by the Corporation ; and

  (b)   to ensure the proper, efficient and effective performance of the Corporation ' s functions ; and

  (c)   to sign an agreement, on behalf of the Commonwealth, with a State or Territory for the grant of financial assistance to the State or Territory in relation to a water infrastructure project; and

  ( d )   to appoint the CEO ; and

  (e )   any other functions conferred on the Board by this Act , the rules or the Future Drought Fund Act 2019 .

  (2)   The Board has power to do all things necessary or convenient to be done for or in connection with the performance of its functions.

  (3)   Anything done in the name of, or on behalf of, the Corporation by the Board, or with the authority of the Board, is taken to have been done by the Corporation.