Document ID: chunk:federal_register_of_legislation:C2024A00096:clause:1_25nb
Version: federal_register_of_legislation:C2024A00096
Segment Type: clause
Provision Reference: sch 1 cl 25NB
Character Range: 38337–38888

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.