Exported Live Stock (Insurance) Act, 1943

PART II.

Amendment of the Principal Act.

New provisions in relation to the Exported Live Stock (Insurance) Board.

6.—(1) The Board shall as from the passing of this Act consist of nine members, and the National Executive shall, as soon as may be after the said passing, appoint a person to be a member of the Board.

(2) Each of the persons, who are members of the Board immediately after the appointment mentioned in sub-section (1) of this section, shall, unless he sooner dies, resigns or becomes disqualified, hold office until the day in the year 1945 on which the National Executive appoint, in pursuance of sub-section (3) of this section, nine members of the Board.

(3) The National Executive shall, on a day in the year 1945, appoint nine members of the Board and of the members so appointed—

(a) each of three (to be selected by the National Executive at the time of appointment) shall, unless he sooner dies, resigns or becomes disqualified, hold office until the day in the year 1946 on which the National Executive appoint, in pursuance of sub-section (4) of this section, three members of the Board;

(b) each of three (to be selected by the National Executive at the time of appointment) shall, unless he sooner dies, resigns or becomes disqualified, hold office until the day in the year 1947 on which the National Executive appoint, in pursuance of sub-section (4) of this section, three members of the Board;

(c) each of three (to be selected by the National Executive at the time of appointment) shall, unless he sooner dies, resigns or becomes disqualified, hold office until the day in the year 1948 on which the National Executive appoint, in pursuance of sub-section (4) of this section, three members of the Board.

(4) The National Executive shall, on a day in the year 1946 and in each subsequent year, appoint three members of the Board, and each member so appointed in any such year shall, unless he sooner dies, resigns or becomes disqualified, hold office until the day, in the third year after the year of his appointment, on which the National Executive appoint, in pursuance of this sub-section, three members of the Board.

(5) The term of office of each member of the Board appointed under this section shall commence on the day next following the date of his appointment.

(6) Whenever a member of the Board dies, resigns, or becomes disqualified, the National Executive shall, as soon as conveniently may be, appoint another person to be a member of the Board, and the person so appointed shall hold office for the period for which the member so dying, resigning or becoming disqualified would have held office if he had not died, resigned or become disqualified.

(7) Sub-section (1) of section 4 , and sub-sections (1), (3), (4) and (5) of section 5 of the Principal Act are hereby repealed.