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Australian Prudential Regulation Authority Act 1998
21Term of office as Chair or a Deputy Chair
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21 Term of office as Chair or a Deputy Chair
A person appointed as Chair, or as a Deputy Chair, holds that office until:
(a) in any case—the end of his or her current term as an APRA member; or
(b) in any case—he or she otherwise stops being an APRA member; or
(c) in the case of a person appointed as a Deputy Chair—he or she is appointed as Chair;
whichever happens first.
Note: This section has effect subject to section 24 (under which a person may resign his or her appointment as Chair or a Deputy Chair).