Commonwealth Consolidated Acts

AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY ACT 1998 - SECT 48

                   Under other laws of the Commonwealth, APRA has power to appoint people to perform particular roles (for example, investigators and administrators under Division 2 of Part II of the Banking Act 1959 ). A person appointed to perform such a role must be:

                     (a)  a person who has been appointed by the Chair under section 45; or

                     (b)  a person who is assisting APRA under section 46; or

                     (c)  a person who has been engaged by the Chair under section 47.