Treasury Laws Amendment (Reserve Bank Reforms) Act 2024 (96 of 2024)

Schedule 1   Amendments

Part 9   Application and transitional provisions

89   Transitional - effect of things done by old Board

A thing done by the old Board before the transition time, in the exercise of its powers under section 10 of the old Act, has effect (and may be dealt with) on and after the transition time:

(a) to the extent that doing the thing is a function of the Monetary Policy Board under section 9B of the amended Act - as if the thing had been done by the Monetary Policy Board; and

(b) otherwise - as if the thing had been done by the Governance Board.