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Australian Prudential Regulation Authority Act 1998
In force
Administered by
Department of the Treasury
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C2004A00310
29 June 1998
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30 June 1998
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Table of contents
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Part 1—Preliminary
1 Short title
2 Commencement
3 Definitions
4 Act binds the Crown
5 External Territories
6 Application of Criminal Code
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Part 2—Establishment, functions and powers of APRA
7 Establishment of APRA
8 Purpose for establishing APRA
9 APRA’s functions
10 Duty to advise the Treasurer
11 APRA’s powers
12 Government’s powers in relation to APRA policies
13 APRA is a body corporate
14 APRA is not the Crown
15 Delegation of APRA’s functions or powers by CEO
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Part 3—APRA’s Board
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Division 1—Establishment, functions, powers and membership
16 Establishment of Board
17 Board’s functions
18 The Board’s powers
19 Membership
20 Delegation by the Board
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Division 2—Meetings and resolutions without meetings
21 Times and places of meetings
22 Presiding at meetings
23 Quorum
24 Voting at meetings
25 Conduct of meetings
26 Board resolutions without meetings
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Division 3—Terms and conditions of Board members (other than the CEO)
27 Appointment and period of appointment
28 Remuneration and allowances
29 Leave of absence
30 Resignation
31 Termination of appointment
32 Other terms and conditions
33 Acting Board members
34 Signpost to other provisions applying to Board members
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Part 4—The CEO and APRA staff members
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Division 1—The CEO
35 Appointment
36 Duties
37 Remuneration and allowances
38 Leave of absence
39 Resignation
40 Termination
41 Other terms and conditions
42 Acting appointments
43 Delegation by CEO
44 Signpost to other provisions applying to the CEO
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Division 2—Appointment of APRA staff members
45 Appointment of permanent, temporary and casual staff
46 Staff seconded to APRA
47 Consultants and other people engaged to perform services
48 Appointments of person appointed to perform specific roles
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Part 5—Financial and taxation matters
49 Money of APRA
50 APRA’s share of levy money
51 Charges for APRA’s services etc.
52 Application of money held by APRA
53 Borrowing by APRA
54 Signpost to further provisions about financial matters
55 Liability to taxation
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Part 6—Secrecy
56 Secrecy—general obligations
57 Secrecy—documents or information to which section 56 does not apply
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Part 7—Miscellaneous
58 Indemnity
59 Extra matters to be included in annual report
60 Regulations