Australian Prudential Regulation Authority Act 1998

PART 4 - APRA STAFF MEMBERS  

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History

Part 4 heading substituted by No 42 of 2003, s 3 and Sch 1 item 21, effective 1 July 2003. FOr transitional provisions, see the history note under the heading to Part 3. Heading to Part 4 formerly read ``The CEO and APRA staff members''.

Division 1 repealed by No 42 of 2003, s 3 and Sch 1 item 22, effective 1 July 2003. For transitional provisions, see the history under the heading to Part 3.

SECTION 48AB   APRA VALUES  

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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.

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History

S 48AB inserted by No 74 of 2007, Sch1, Pt 3 item 58, effective 1 July 2007.

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