25NB
CurrentAppointment of external Board members
Part IIIBThe Governance Board
Division 1Board members
25NB Appointment of external Board members
(1)
External Governance Board members are to be appointed:
(a)
by the Treasurer by written instrument; and
(b)
on a part‑time basis.
Note:
Subject to subsection 25ND(2), the person may be reappointed: see section 33AA of the Acts Interpretation Act 1901.
(2)
A person must not be appointed under subsection (1) if the person is:
(a)
a staff member of the Reserve Bank Service; or
(b)
a person appointed or engaged under the Public Service Act 1999; or
(c)
a director, officer or employee of an ADI.
This Act’s bill:Second reading speech
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