Document ID: chunk:federal_register_of_legislation:C2024A00096:clause:1_11a
Version: federal_register_of_legislation:C2024A00096
Segment Type: clause
Provision Reference: sch 1 cl 11A
Character Range: 2875–3640

11A  Informing the Government about performance of functions and exercise of powers
 (1) The Monetary Policy Board must, from time to time, inform the Government about the performance of its functions and the exercise of its powers, including its determination of any policy referred to in subsection 9B(1).
 (2) The Payments System Board must, from time to time, inform the Government about the performance of its functions and the exercise of its powers, including its determination of any policy referred to in subsection 10B(1).
Note: Section 19 of the Public Governance, Performance and Accountability Act 2013 requires the Governance Board, as the accountable authority of the Bank, to keep the Treasurer informed of its decisions and the Bank's activities.