Treasury Laws Amendment (Reserve Bank Reforms) Act 2024 (96 of 2024)

Schedule 1   Amendments

Part 4   RBA's Boards and governance

Reserve Bank Act 1959

23   Subsection 12(2)

Repeal the subsection, substitute:

(2) The Governor is responsible for the day-to-day management of the Bank. The Governor must fulfil the responsibility consistently with Division 3 (about the Bank's Boards).