Treasury Laws Amendment (APRA Governance) Act 2018 (81 of 2018)
Schedule 1 Additional Deputy Chair of APRA
Australian Prudential Regulation Authority Act 1998
3 Section 18
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.
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