Treasury Laws Amendment (Enhancing ASIC's Capabilities) Act 2018 (122 of 2018)

Schedule 2   Amendments relating to engagement of ASIC staff

Part 1   Main amendments

Australian Securities and Investments Commission Act 2001

7   Section 120

Repeal the section, substitute:

120 Staff

(1) The Chairperson may, on behalf of ASIC, employ under written agreements such permanent, temporary or casual staff as the Chairperson considers necessary for the performance or exercise of any of ASIC's functions or powers.

(2) The terms and conditions of employment (including as to remuneration) are to be determined by the Chairperson.