DOWNLOADS AND LINKS
Who is eligible to nominate for a position on the rt Board?
Any rt member can nominate for a position on the Board.
What kind of background is required to be a Board member?
Under the Board's 'Fit and Proper' policy, Board members must bring a range of financial and commercial skills and experience to the role, including:
- the level of skill that a 'reasonable person' would be expected to bring to the position (the law holds Directors to that standard)
- the ability to think strategically, financially, commercially, legally, ethically, short term and long term
- strong commercial experience commensurate with the role
- the ability to complement the overall mix of skills required for the Board
- qualifications and experience in one or more of law, general commercial, health economics, marketing, finance/accounting
Nominees must also meet the requirements of PHIAC and ASIC, must sign the 'Fit and Proper Person' declaration and pass the following:
- police check
- bankruptcy check
- eligibility declaration
- public search of APRA database of disqualified persons
- ASIC disqualified person register check
If you plan on nominating for a position on the Board you should:
- ensure you are fully aware of the legal responsibilities and potential liabilities of Board members as set down by the Corporations Act (2001) and the Australian Securities and Investments Commission Act (2001)
- be aware of the functions and powers of the Private Health Insurance Administration Council (PHIAC)
- be familiar with the Private Health Insurance Act 2007
- read and understand Section 7.3 and 7.3A of the rt health fund Constitution which fully set out the elegibility reqirements (available for download from the left-hand menu)
What is the nomination process?
- Download a nomination form from the left-hand menu.
- Follow the instructions for completing the form.
- Read the Fit and Proper policy, which can be downloaded from the left-hand menu.
- Sign the Fit and Proper declaration at Appendix c of the policy.
- Write a brief candidate profile (maximum 250 words) which will be circulated to members with the election ballots and notice of meeting for the AGM. This should cover key points in support of your nomination, including your background, qualifications and experience.
- Obtain a recent digital photograph of yourself.
- Prepare for an interview with the Remunerations, Nominations and Constitution Committee of the Board to confirm your suitability in accordance with the Constitution for candidature for the position of Member Elected Director.
Return your:
- completed nomination form
- signed Fit and Proper declaration
- candidate profile (Word document format)
- digital photograph
to the Returning Officer at the address shown on the nomination form no later than 4.30pm on Tuesday 20 September 2011.
