Commonwealth Consolidated Acts

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REGIONAL INVESTMENT CORPORATION ACT 2018 - SECT 17

Appointment of Board members

  (1)   Board members are to be appointed by the responsible Ministe rs by written instrument, on a part - time basis.

  (2 )   A person is not eligible for appointment as a Board member unless the responsible Ministers are satisfied that the person has :

  (a)   appropriate qualifications, skills or experience in one or more of the following :

  (i)   agri business and the financial viability of businesses within the agricultural sector ;

  ( i i )   banking and finance;

  (iii )   w ater infrastructure planning and financing ;

  (iv)   issues concerning rural industries and communities;

  (v)   economics;

  (vi)   financial accounting or auditing;

  (vii)   government funding programs or bodies;

  (viii)   law;

  (ix)   drought resilience; or

  (b)   expertise in a n area that is relevant to a program prescribed by the rules under subsection   8 (5) .



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