Treasury Laws Amendment (APRA Governance) Act 2018 (81 of 2018)

Schedule 1 Additional Deputy Chair of APRA

Repeal the section, substitute:

18 Appointment of Chair and Deputy Chairs

(1) The Governor-General is to appoint as Chair of APRA a person who is, or is to be, a full-time APRA member.

(2) The Governor-General may appoint as a Deputy Chair of APRA a person who is, or is to be, a full-time APRA member.

Note: For the manner in which the Chair and a Deputy Chair may be referred to, see section 18B of the Acts Interpretation Act 1901.

(3) Not more than 2 persons may hold office as Deputy Chair at any one time.