(1) A GTE’s
board and the Portfolio Minister must endeavour to agree a skills matrix for
the board (the directors’ skills matrix ).
(2) The board and the
Portfolio Minister may, by agreement, amend or replace the directors’
skills matrix from time to time.
(3) The
directors’ skills matrix must indicate the skills, qualifications and
experience required of the GTE’s directors, individually and
collectively.
(4) The Portfolio
Minister for a GTE must take into account the directors’ skills matrix
of the GTE when making an appointment to the GTE’s board.
(5) The regulations
may provide for any of the following —
(a) the
processes by which a directors’ skills matrix is to be agreed, reviewed,
amended or replaced;
(b) the
adoption of a directors’ skills matrix in the absence of agreement;
(c) the
content of a directors’ skills matrix.