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Australian Prudential Regulation Authority Act 1998
20Term of office as an APRA member
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20 Term of office as an APRA member
An APRA member holds office for the period specified in the instrument of appointment. The period must not exceed 5 years.
Note: This section has effect subject to section 24 (under which a person may resign his or her appointment as an APRA member) and section 25 (under which a person’s appointment as an APRA member may be terminated).