(1) The Governor - General is to appoint as Chairperson of ASIC a person who is, or is to be, a full - time member.
(2) The Governor - General may appoint as a Deputy Chairperson of ASIC a person who is, or is to be, a full - time member.
Note: For the manner in which the Chairperson and a Deputy Chairperson may be referred to, see section 18B of the Acts Interpretation Act 1901 .
(3) Not more than 2 persons may hold office as Deputy Chairperson at any one time.