34Chair of Advisory Council

34 Chair of Advisory Council

(1) This item applies to the person who, immediately before the transition time, was appointed as the Chair of the Advisory Council under section 41 of the Commission Act.

(2) The person is taken, at the transition time, to have been appointed as the Chair of the Advisory Council under section 386 of the new Act:

(a) on terms and conditions (including remuneration) that are equal to, or better than, the terms and conditions on which the person held office as the Chair under the Commission Act; and
(b) for the remainder of the period for which the person held office as the Chair under the Commission Act.

Note: The person’s remuneration will not be better than their remuneration as Chair of the Advisory Council under section 41 of the Commission Act unless a higher level of remuneration is determined by the Remuneration Tribunal.