11Appointments

11 Appointments

(1) At any time after this Part comes into operation, but before the commencement of the Commonwealth Banks Act 1959, appointments may be made under that Act for the purposes of: (a) paragraph (d) of subsection (1) of section fourteen of that Act; (b) subsection (1) of section eighteen of that Act; (c) subsection (2) of section twenty of that Act; (d) subsection (1) of section twenty‑five of that Act; (e) subsection (1) of section thirty‑three of that Act; (f) subsection (1) of section forty‑five of that Act; and (g) subsection (1) of section seventy‑eight of that Act; as if that Act were in operation but, subject to this section, no such appointment has effect until the commencement of that Act. (2) For the purposes of an appointment to be made by virtue of the last preceding subsection, being an appointment for the purposes of a provision of the Commonwealth Banks Act 1959 referred to in paragraph (c), (e), (f) or (g) of that subsection, consultation with, or a recommendation by, all or a majority of the persons specified in the next succeeding subsection shall be deemed to be consultation with, or a recommendation by, the Commonwealth Banking Corporation Board. (3) The persons referred to in the last preceding subsection are the Secretary to the Department of the Treasury and the persons who would be the other members of the Commonwealth Banking Corporation Board if appointments made by virtue of subsection (1) of this section for the purposes of the provisions of the Commonwealth Banks Act 1959 referred to in paragraphs (a) and (d) of that subsection had effect immediately. (4) A person appointed by virtue of subsection (1) of this section: (a) shall take such action as is appropriate having regard to the office to which he has been appointed to facilitate the coming into operation of the Commonwealth Banks Act 1959; (b) shall be paid such remuneration (if any) in respect of the period from the time of his appointment to the commencement of the Commonwealth Banks Act 1959 as the Governor‑General determines; (c) shall not be deemed, as a consequence of his having received remuneration under the last preceding paragraph, to have vacated any office held by him under the Commonwealth Bank Act 1945‑1953; and (d) if he was an officer of the Commonwealth Bank Service under the Commonwealth Bank Act 1945‑1953 at the time his appointment was made, shall be deemed, for the purposes of section one hundred and twelve of the Commonwealth Banks Act 1959, to have become at that time the holder of the office to which he has been appointed.