4B   Board of Corporation

(1)  The board of the Corporation is to consist of the following:

(a)  a chairperson, appointed by the voting shareholders of the Corporation,

(b)  6 directors, appointed for their relevant expertise by the voting shareholders of the Corporation,

(c)  one director, appointed under subsection (2),

(d)  the Chief Executive Officer of the Corporation.

(2)  The director referred to in subsection (1) (c) is to be appointed by the voting shareholders of the Corporation on the recommendation of a selection committee comprising:

(a)  2 persons nominated by the voting shareholders, and

(b)  2 persons nominated by Unions NSW,

      being a person selected by the committee from a panel of 3 persons nominated by Unions NSW.

(3)  The procedures for constituting a selection committee for the purposes of subsection (2), for making nominations and for determining other matters relating to the selection process are to be determined by the regulations or (subject to the regulations) by the voting shareholders of the Corporation.

(4)  Subsections (1)–(3) have effect despite the provisions of section 20J (2), (3) and (4) of, and clauses 2 (1) and 4 of Schedule 8 to, the State Owned Corporations Act 1989.