48Acting Managing Director

48 Acting Managing Director

(1) The Minister may, after receiving a recommendation from the Board, appoint a person to act as Managing Director: (a) during a vacancy in the office of Managing Director, whether or not an appointment has previously been made to the office; or (b) during any period, or during all periods, when the Managing Director is absent from duty or from Australia or is, for any other reason, unable to perform the duties of the office.

Note: For rules that apply to acting appointments, see section 33A of the Acts Interpretation Act 1901.

(2) A person, other than a member of the staff, who is acting as Managing Director is to be paid the same remuneration and allowances as are payable to the Managing Director. (3) A member of the staff who is acting as Managing Director is to continue to be paid the remuneration and allowances payable to the person as such a member, but is also to be paid: (a) so much of any remuneration payable to the Managing Director as exceeds the person’s usual remuneration; and (b) so much of any allowance payable to the Managing Director as exceeds the corresponding allowance payable to the person; and (c) if an allowance is payable to the Managing Director but is not payable to the person—that allowance.