Explanatory Memorandum(Circulated by authority of the Attorney-General, the Hon Daryl Williams AM QC MP)
Outline and financial impact
This Bill amends Acts which specify compulsory age retirement limits for statutory office holders.
The Bill repeals provisions in various Acts that prevent the appointment of a person over a certain age or for a term that would continue beyond a certain age (commonly 65 years). The amendments complement the removal of compulsory age retirement in the Australian Public Service (APS) and aim to remove unnecessary barriers to the continued appointment of those over 65 to Commonwealth statutory appointments.
The amendments will not affect the existing term of statutory office holders appointed before the Bill commences. The amendments will, however, remove any restrictions on their reappointment based on their age.
No amendments are proposed in relation to federal judicial appointments or in relation to Australian Defence Force personnel. No amendments are proposed in relation to provisions under which office holders are appointed with tenure until a specified age.
The amendments will have little, if any, financial impact.
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