Australian Prudential Regulation Authority Act 1998

PART 4 - APRA STAFF MEMBERS  

SECTION 48AB   APRA VALUES  

48AB(1)   [ APRA values]  

The Chair must determine, in writing, the APRA Values.

Note:

Subsection 33(3) of the Acts Interpretation Act 1901 provides for the repeal, variation etc. of instruments.

48AB(2)   [ Chair must uphold values]  

The Chair must uphold and promote the APRA Values.

48AB(3)   [ Members and staff must uphold values]  

APRA members (other than the Chair) and staff appointed under section 45 must uphold the APRA Values.

48AB(4)   [ Scope of instrument]  

To avoid doubt, an instrument under subsection (1) is not a legislative instrument.