Australian Capital Territory
Public Trustee (Investment Board) Appointment 2006 (No 1)
Disallowable instrument DI2006–46
made under the  
Public Trustee Act 1985, section 48 (Membership of board)
EXPLANATORY STATEMENT

The Public Trustee Act 1985, section 46 establishes the Public Trustee Investment Board.  The function of the board is to advise the public trustee on the investment of money that is from time to time in a common fund or otherwise in the hands of the public trustee and available for investment. 

This instrument reappoints Leonard Early and Glenys Roper, and appoints Christine Goode, as members of the Public Trustee Investment Board. The appointments are made under section 48 of the Public Trustee Act 1985 and will expire on 2 March 2009.

None of the appointed members are public servants as defined under the Legislation Act 2001.

As required by the Legislation Act 2001, the Standing Committee on Legal Affairs has been consulted on the appointments. The Committee has advised that it has no comments on the appointments of these members.