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This is a Bill, not an Act. For current law, see the Acts databases.

FINANCIAL MANAGEMENT (BOARD COMPOSITION) AMENDMENT BILL 2009

2009

THE LEGISLATIVE ASSEMBLY

FOR THE AUSTRALIAN CAPITAL TERRITORY



(As presented)

(Mr Brendan Smyth)

Financial Management (Board Composition) Amendment Bill 2009









Contents

Page







2009

THE LEGISLATIVE ASSEMBLY

FOR THE AUSTRALIAN CAPITAL TERRITORY



(As presented)

(Mr Brendan Smyth)

Financial Management (Board Composition) Amendment Bill 2009







A Bill for

An Act to amend the Financial Management Act 1996 and for other purposes













The Legislative Assembly for the Australian Capital Territory enacts as follows:



1 Name of Act

This Act is the Financial Management (Board Composition) Amendment Act 2009.

2 Commencement

This Act commences on the day after its notification day.

Note The naming and commencement provisions automatically commence on the notification day (see Legislation Act, s 75 (1)).

3 Legislation amended

This Act amends the Financial Management Act 1996.

4 Appointment of governing board members generally

New section 78 (4A) and (4B)

insert

(4A) Also, unless the establishing Act otherwise provides, a person must not be appointed as a member if—

(a) the person is a public servant; and

(b) the appointment would result in more than 20% of the members of the governing board being public servants.

(4B) Subsection (4A) does not apply if—

(a) the Minister is satisfied that there are special circumstances justifying the appointment; and

(b) the Legislative Assembly approves, by resolution, the appointment.



5 Appointment of chair and deputy chair

Section 79 (2)

after

territory authority

insert

, or a public servant,

6 Repeal of Exhibition Park Corporation (Governing Board) Appointment 2009

The appointments made under the Exhibition Park Corporation (Governing Board) Appointment 2009 (NI2009-310) are revoked and the instrument is repealed.





Endnotes

1 Presentation speech

Presentation speech made in the Legislative Assembly on 2009.

2 Notification

Notified under the Legislation Act on 2009.

3 Republications of amended laws

For the latest republication of amended laws, see www.legislation.act.gov.au.















© Australian Capital Territory 2009

 

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