Australian Prudential Regulation Authority (Standing Acting Arrangements) Appointment 2021
made under the Australian Prudential Regulation Authority Act 1998
Compilation No. 3
Compilation date: 28 November 2024
Includes amendments: Australian Prudential Regulation Authority (Standing Acting Arrangements) Amendment (Measures No. 1) Appointment 2024
About this compilation
This compilation
This is a compilation of the Australian Prudential Regulation Authority (Standing Acting Arrangements) Appointment 2021 that shows the text of the law as amended and in force on 28 November 2024 (the compilation date).
The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.
Uncommenced amendments
The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the Register for the compiled law.
Application, saving and transitional provisions for provisions and amendments
If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.
Modifications
If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the Register for the compiled law.
Self‑repealing provisions
If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.
Contents
Part 1—Preliminary
1 Name
3 Authority
5 Definitions
Part 2—Standing acting arrangements for APRA
6 Standing acting arrangements for Chair of the APRA
Endnotes
Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history
This instrument is made under the Australian Prudential Regulation Authority Act 1998.
Note: Paragraph 13(1)(b) of the Legislation Act 2003 has the effect that expressions have the same meaning in this instrument as in the Australian Prudential Regulation Authority Act 1998 as in force from time to time.
senior available appointee has the meaning given by subsection 6(2).
the Act means the Australian Prudential Regulation Authority Act 1998.
Part 2—Standing acting arrangements for APRA
6 Standing acting arrangements for Chair of the APRA
(a) is an APRA member;
(b) is not absent from duty or from Australia;
(c) has not, during a vacancy in the office of Chair or absence of the Chair, continued to act as Chair for a period of more than 12 months;
(c) has advised that they are available to act as Chair;
(d) is highest in the following list:
(i) Margaret Cole;
(ii) Therese McCarthy Hockey;
(iii) Suzanne Smith.
(3) The senior available appointee at the start of a period when the Chair is absent from duty or from Australia, or is, for any reason, unable to perform the functions of his or her office, is to act as Chair during that period.
The endnotes provide information about this compilation and the compiled law.
The following endnotes are included in every compilation:
Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history
Abbreviation key—Endnote 2
The abbreviation key sets out abbreviations that may be used in the endnotes.
Legislation history and amendment history—Endnotes 3 and 4
Amending laws are annotated in the legislation history and amendment history.
The legislation history in endnote 3 provides information about each law that has amended (or will amend) the compiled law. The information includes commencement details for amending laws and details of any application, saving or transitional provisions that are not included in this compilation.
The amendment history in endnote 4 provides information about amendments at the provision (generally section or equivalent) level. It also includes information about any provision of the compiled law that has been repealed in accordance with a provision of the law.
Misdescribed amendments
A misdescribed amendment is an amendment that does not accurately describe how an amendment is to be made. If, despite the misdescription, the amendment can be given effect as intended, then the misdescribed amendment can be incorporated through an editorial change made under section 15V of the Legislation Act 2003.
If a misdescribed amendment cannot be given effect as intended, the amendment is not incorporated and “(md not incorp)” is added to the amendment history.
| o = order(s) |
ad = added or inserted | orig = original |
am = amended | par = paragraph(s)/subparagraph(s) |
amdt = amendment | /sub‑subparagraph(s) |
c = clause(s) | pres = present |
C[x] = Compilation No. x | prev = previous |
Ch = Chapter(s) | (prev…) = previously |
def = definition(s) | Pt = Part(s) |
Dict = Dictionary | r = regulation(s)/rule(s) |
disallowed = disallowed by Parliament | reloc = relocated |
Div = Division(s) | renum = renumbered |
exp = expires/expired or ceases/ceased to have | rep = repealed |
effect | rs = repealed and substituted |
F = Federal Register of Legislation | s = section(s)/subsection(s) |
gaz = gazette | Sch = Schedule(s) |
LA = Legislation Act 2003 | Sdiv = Subdivision(s) |
LIA = Legislative Instruments Act 2003 | SLI = Select Legislative Instrument |
(md not incorp) = misdescribed amendment | SR = Statutory Rules |
cannot be given effect | Sub‑Ch = Sub‑Chapter(s) |
mod = modified/modification | SubPt = Subpart(s) |
No. = Number(s) | underlining = whole or part not |
o = order(s) | commenced or to be commenced |
Ord = Ordinance |
|
Name | Registration | Commencement | Application, saving and transitional provisions |
Australian Prudential Regulation Authority (Standing Acting Arrangements) Appointment 2021 | 28 September 2021 (F2021N00242) | 29 September 2021 | — |
Australian Prudential Regulation Authority (Standing Acting Arrangements) Amendment Appointment 2022 | 17 June 2022 (F2022N00141) | 18 June 2022 | — |
Australian Prudential Regulation Authority (Standing Acting Arrangements) Amendment Appointment (No. 2) 2022 | 8 December 2022 (F2022N00300) | 9 December 2022 | — |
Australian Prudential Regulation Authority (Standing Acting Arrangements) Amendment (Measures No. 1) Appointment 2024 | 27 November 2024 (F2024N01091) | 28 November 2024 | — |
Provision affected | How affected |
section 2 | rep s48D LA |
section 4 | rep s48C LA |
section 6 section 7 | am F2022N00300; am F2024N01091 ad F2022N00141; am F2022N00300; rep F2024N01091 |
Schedule 1 | rep s48C LA |