(1) The Board consists of the following members:
(a) a representative from each of the following agencies:
(i) the Department;
(ia) the Department administered by the Minister administering the VET Student Loans Act 2016 ;
(ii) the Department whose Minister administers the Public Governance, Performance and Accountability Act 2013 ;
(iii) the Department administered by the Immigration Minister;
(iv) the Australian Government Actuary;
(v) the Australian Prudential Regulation Authority;
(b) up to 7 other members.
Requirements for Board members appointed under paragraph ( 1)(b)
(2) A person is not eligible for appointment as a Board member under paragraph ( 1)(b) unless the Minister is satisfied that he or she has qualifications or experience that the Minister considers relevant to the performance of the Board's function.
(2A) In appointing a Board member under paragraph ( 1)(b), the Minister must ensure that the Board members appointed under that paragraph, as a group, have qualifications or experience relevant to the operations of providers from across the education and training sectors .
Chair and Deputy Chair
(3) The Minister must appoint, in writing, one of the Board members to be the Chair, and another Board member to be the Deputy Chair.