New Zealand Legislation: Regulations

7 Term of office of appointed committee member

• (1) An appointed committee member—

  • (a) holds office for 5 years commencing on the date of the appointment; and

  • (b) may be re-appointed; and

  • (c) continues in office despite the expiry of the member's term of office until—

    • (i) the member is re-appointed; or

    • (ii) the member's successor is appointed; or

    • (iii) the NRFA informs the member by written notice that the member is not to be re-appointed and no successor is to be appointed.

  (2) This regulation—

  • (a) applies unless the Gazette notice that relates to the committee to which the member is appointed provides otherwise; and

  • (b) is subject to regulations 9 and 10.