Page 5263 - Week 14 - Wednesday, 18 November 2009

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Schedules of amendments

Schedule 1

Financial Management (Board Composition) Amendment Bill 2009

Amendments moved by the Treasurer

1

Clause 2

Page 2, line 4—

substitute

2Commencement

(1) This Act (other than section 6) 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)).

(2) Section 6 commences 6 months after this Act’s notification day.

2

Clause 4

Proposed new section 78 (4A) (b)

Page 2, line 16—

omit proposed new section 78 (4A) (b), substitute

(b) the appointment would result in—

(i) more than 1 public servant being a member of the board (whether as CEO or otherwise); and

(ii) more than 35% of the members of the board (including the CEO) being public servants.

3

Proposed new clause 4A

Page 2, line 22—

insert

4ASection 78 (6), new note

insert

Note The terms public servant and statutory office holder are defined in the Legislation Act, dict, pt 1.

4

Clause 5

Page 3, line 1—

omit clause 5, substitute

5Appointment of chair and deputy chair

New section 79 (2A)

insert


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