This is a list of members of the New South Wales Legislative Council from 1940 to 1943. At this time the Council was not directly elected, but was chosen by a joint sitting of the New South Wales Parliament.
1 Independent MLC Theodore Trautwein's seat was declared vacant on 16 April 1940 after he was convicted of making false representation; this was prior to the beginning of this term. UAP candidate
John Tonkin was elected as his replacement on 8 October 1940.
2 UAP MLC
James Ryan died on 21 June 1940. UAP candidate
William Bradley was elected as his replacement on 22 October 1940.
3 UAP MLC
Sir Allen Taylor died on 30 September 1940. UAP candidate
Edmond Speck was elected as his replacement on 19 November 1940.
4 Labor MLC
John O'Regan died on 28 October 1940. Labor candidate
Charles Bridges was elected as his replacement on 3 December 1940.
5 UAP MLC
Frank Wall died on 1 April 1941. Labor candidate
Jim Maloney was elected as his replacement on 13 August 1941.
6 Country MLC
Maxwell Dunlop died on 1 August 1941. Labor candidate
John Stewart was elected as his replacement on 24 September 1941.
7 Labor MLC
Thomas Tyrrell died on 31 October 1942. Labor candidate
Francis Kelly was elected as his replacement on 20 November 1942.
8 Labor MLC Edward Grayndler died on 12 March 1943. The vacancy carried over to the next parliament.
9 UAP MLC
Ernest Mitchell died on 21 April 1943, the day this term concluded. The vacancy carried over to the next parliament.