Document ID: chunk:federal_register_of_legislation:C2024A00096:clause:1_25ak
Version: federal_register_of_legislation:C2024A00096
Segment Type: clause
Provision Reference: sch 1 cl 25AK
Character Range: 31629–32213

25AK  Independence of Board members
 (1) Subject to this Act and to other laws of the Commonwealth, each person who is a member of the Monetary Policy Board, in performing the person's functions and duties and exercising the person's powers as a member of the Board:
 (a) has complete discretion; and
 (b) is not subject to direction from anyone (including direction from the Government); and
 (c) must act in an independent and impartial manner.
 (2) In particular, and without limiting subsection (1), the Secretary is a member of the Board in the Secretary's individual capacity.