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Australian Prudential Regulation Authority Act 1998
48ABAPRA Values
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48AB APRA Values
(1) The Chair must determine, in writing, the APRA Values.
Note: Subsection 33(3) of the Acts Interpretation Act 1901 provides for the repeal, variation etc. of instruments.
(2) The Chair must uphold and promote the APRA Values.
(3) APRA members (other than the Chair) and staff appointed under section 45 must uphold the APRA Values.
(4) To avoid doubt, an instrument under subsection (1) is not a legislative instrument.