CTHIn ForceAct
Reserve Bank Act 1959
25DDeputy Chair of the Payments System Board
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#### 25D Deputy Chair of the Payments System Board
(1) The Bank’s PSB member is the Deputy Chair of the Board.
(2) The Deputy Chair is to act as the Chair during any period when:
(a) the office of Governor is vacant; or
(b) the Governor is absent from Australia or is, for any reason, unable to perform the duties of Chair of the Payments System Board.
(3) The Deputy Chair has, when acting as the Chair, all the powers, duties, rights and entitlements of the Chair of the Payments System Board.