CTHRepealedAct
Australian Securities and Investments Commission Act 1989
108Term of office as member
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#### 108 Term of office as member
(1) Subject to this Act, a person appointed as a member holds office for such term of at most 5 years as is specified in the instrument of appointment, but is eligible for re‑appointment.
(2) A person who has attained the age of 65 years shall not be appointed as a full‑time member.
(3) A person shall not be appointed as a full‑time member for a term extending beyond the day on which he or she will attain the age of 65 years.