Commonwealth Numbered Acts

NATIONAL HOUSING FINANCE AND INVESTMENT CORPORATION ACT 2018 (NO. 65, 2018)

TABLE OF PROVISIONS

           Long Title

   PART 1--PRELIMINARY

   1.      Short title  
   2.      Commencement  
   3.      Object of this Act  
   4.      Simplified outline of this Act  
   5.      Definitions  
   6.      Crown to be bound  

   PART 2--NATIONAL HOUSING FINANCE AND INVESTMENT CORPORATION

           Division 1--Establishment and functions

   7.      Establishment  
   8.      Functions of the NHFIC  
   9.      Powers of the NHFIC  
   10.     Constitutional limits  
   11.     NHFIC does not have privileges and immunities of the Crown  

           Division 2--Investment Mandate

   12.     Investment Mandate  
   13.     Matters covered by Investment Mandate  
   14.     Limits on Investment Mandate  

   PART 3--BOARD

           Division 1--Establishment and functions of the Board

   15.     Establishment of the Board  
   16.     Functions of the Board  

           Division 2--Board members

   17.     Membership  
   18.     Appointment of Board members  
   19.     Chair  
   20.     Term of appointment  
   21.     Acting appointments  
   22.     Remuneration  
   23.     Leave of absence  
   24.     Resignation  
   25.     Termination of appointment  
   26.     Other terms and conditions  
   27.     Observer  

           Division 3--Meetings of the Board

   28.     Convening meetings  
   29.     Presiding at meetings  
   30.     Quorum  
   31.     Voting at meetings  
   32.     Conduct of meetings  
   33.     Minutes  
   34.     Decisions without meetings  

   PART 4--CHIEF EXECUTIVE OFFICER, STAFF AND CONSULTANTS AND COMMITTEES

           Division 1--Chief Executive Officer

   35.     Chief Executive Officer  
   36.     Functions of the CEO  
   37.     Appointment of CEO  
   38.     Acting appointment as CEO  
   39.     Remuneration of CEO  
   40.     Leave of absence of CEO  
   41.     Outside employment  
   42.     Other terms and conditions  
   43.     Resignation of CEO  
   44.     Termination of appointment of CEO  

           Division 2--Staff and consultants

   45.     Staff  
   46.     Consultants  

           Division 3--Committees

   47.     Committees  

   PART 5--FINANCE

   48.     Maintenance of adequate capital and reserves  
   49.     Payment of annual dividends to the Commonwealth  
   50.     Borrowings etc.  
   51.     Guarantee by Commonwealth  
   52.     Exemption from taxation  

   PART 6--MISCELLANEOUS

   53.     Delegation by NHFIC  
   54.     Delegation by Board  
   55.     Delegation and subdelegation by CEO  
   56.     Matters to be included in annual reports  
   57.     Review of operation of Act  
   58.     Rules