Section 1061 — Corporations Act 2001 (Cth)

Minister may appoint independent member

The Minister may, by written instrument, appoint an independent person to be a member of the board of the CSLR operator.

Note: The independent person appointed by the Minister is the Chair of the board (see the mandatory requirement in paragraph 1062(3)(d)).

Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.

Related sections

s 1058B — AFCA reporting to CSLR operator
s 1059 — Establishment of the scheme
s 1060 — Minister may authorise an operator of the scheme
s 1062 — Mandatory requirements
s 1063 — Compensation payments
s 1064 — Eligibility for compensation payments

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