Commonwealth Consolidated Acts

AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 236D

  (1)   The Minister may appoint a person to act as Chair of the AASB:

  (a)   during a vacancy in the office of Chair (whether or not an appointment has previously been made to the office); or

  (b)   during any period, or during all periods, when the Chair is absent from duty or from Australia, or is for any reason unable to perform the duties of the office.

  (2)   The AASB may appoint one of its members to act as Deputy Chair of the AASB:

  (a)   during a vacancy in the office of Deputy Chair (whether or not an appointment has previously been made to the office); or

  (b)   during any period, or during all periods, when the Deputy Chair is absent from duty or from Australia, or is for any reason unable to perform the duties of the office.

  (3)   The FRC may appoint a person to act as a member of the AASB (other than the Chair):

  (a)   during a vacancy in the office of member (whether or not an appointment has previously been made to the office); or

  (b)   during any period, or during all periods, when the member is absent from duty or from Australia, or is for any reason unable to perform the duties of the office.

Note:   For rules that apply to acting appointments, see sections   33AB and 33A of the Acts Interpretation Act 1901 .