(1) The Pricing Authority CEO is to be appointed by the Pricing Authority.
(2) The appointment is to be made by written instrument.
(3) Before appointing a person as the Pricing Authority CEO, the Pricing Authority must consult the Minister.
(4) The Pricing Authority CEO holds office on a full - time basis.
(5) The Pricing Authority CEO holds office for the period specified in the instrument of appointment. The period must not exceed 5 years.
Note: For reappointment, see the Acts Interpretation Act 1901 .
(6) The Pricing Authority CEO must not be a member of the Pricing Authority.