Reserve Bank Act 1959

Each member of the Payments System Board must, before first starting to act as a member of the Board:

make an oath or affirmation of allegiance; and

make a declaration of secrecy.

The oath or affirmation of allegiance:

is to be in accordance with the form set out in the Schedule to the Constitution; and

is to be made before a Justice of the Peace or a Commissioner for taking Affidavits.

The declaration of secrecy:

is to be in the prescribed form; and

is to be made before a Justice of the Peace or a Commissioner for taking Affidavits.

However, this section does not apply to a member of the Payments System Board if the member is also a member of the Monetary Policy Board or the Governance Board and has already complied with section 25AJ or 25NJ (as applicable).