(1) There is to be an Inspector - General of Intelligence and Security.
(2) The Inspector - General is to be appointed by the Governor - General.
Consultation requirement
(3) Before a recommendation is made to the Governor - General for the appointment of a person as Inspector - General, the Prime Minister must consult with the Leader of the Opposition in the House of Representatives.
Limitation on appointment of Inspector - General
(3A) A person must not be appointed as Inspector - General if the person is, or the person's most recent position was, the head or a deputy head (however described) of an intelligence agency.
Arrangements with States and Territories
(4) The Governor - General may, for the purpose of appointing to the office of Inspector - General a person who is the holder of a judicial office of a State or of the Northern Territory, enter into such arrangement with the Governor of that State or the Administrator of that Territory, as the case may be, as is necessary to secure that person's services.
(5) An arrangement under subsection (4) may provide for the Commonwealth to reimburse a State or the Northern Territory with respect to the services of the person to whom the arrangement relates.