AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 109 Term of office as Chairperson or Deputy Chairperson
AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 109
Term of office as Chairperson or Deputy Chairperson(1) Subject to this Act, a member appointed as Chairperson, or as a Deputy Chairperson, holds office as such until:
(a) in any case--the end of his or her current term as a member; or
(b) in any case--he or she otherwise stops being a member; or
(c) in the case of a member appointed as a Deputy Chairperson--he or she is appointed as Chairperson;
(2) A person is not ineligible to be appointed under section
10 merely because he or she has been so appointed before.