15Allocation of officers of the Commonwealth Bank Service

15 Allocation of officers of the Commonwealth Bank Service

On the commencing date, the Governor and the Managing Director: (a) shall jointly determine to which of the Services, that is to say, the Reserve Bank Service and the Commonwealth Banking Corporation Service, it is appropriate to appoint persons who, immediately before that date, were officers of the Commonwealth Bank Service; and (b) where they determine that it is appropriate for such a person to be appointed to the Reserve Bank Service, shall make a declaration in writing to that effect.