(3) The Deputy Chair is to act as Chair during any period when: (a) the office of Chair is vacant; or (b) the Chair is absent from duty or from Australia, or is, for any reason, unable to perform the functions of his or her office.Note: For rules that apply to persons acting as the Chair, see section 33A of the (a) appoint a person to act as a full‑time APRA member during any period when there are fewer than 5 persons who are APRA members; or (b) appoint a person to act as a part‑time APRA member during any period when: (i) there are fewer than 5 persons who are APRA members; and (ii) there are at least 3 persons who are full‑time APRA members; or (c) appoint a person to act in the place of a full‑time APRA member or part‑time APRA member during any period when the APRA member: (i) is acting as Deputy Chair in accordance with subsection (3); or (ii) is absent from duty or from Australia orNote: For rules that apply to acting appointments, see section 33A of the (2) The Minister may appoint an APRA member to act as Chair: (a) during a vacancy in the office of Chair, whether or not an appointment has previously been made to the office; or (b) during any period, or during all periods, 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.Note: For rules that apply to acting appointments, see section 33A of the (3) The Minister may appoint an APRA member to act as Deputy Chair: (a) during a vacancy in the office of Deputy Chair, whether or not an appointment has previously been made to the office; or (b) during any period, or during all periods, when the Deputy Chair is absent from duty or from Australia, or is, for any reason, unable to perform the functions of his or her office; or (c) during any period, or during all periods, when the Deputy Chair is acting as Chair.Note: For rules that apply to acting appointments, see section 33A of the (4) A person appointed under paragraph (1)(a), (1)(b), (2)(a) or (3)(a) must not continue to act under the appointment for more than 12 months. (2) The Account is a special account for the purposes of the Credits to the Financial Claims Scheme Special Account (1) There must be credited to the Account amounts equal to the following: (a) an amount specified in a declaration under section 16AD of the (b) an amount borrowed under this Division. Appointments of person appointed to perform specific roles 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 (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. APRA has the following functions: (a) the functions conferred on it by or under this Act or any other law of the Commonwealth; (b) the functions conferred on it by or under any law of a State or Territory in accordance with subsection 9A(1); (c) the function of providing prudential regulation or advice services under agreements entered into in accordance with subsection 9A(2). (2) The Governor‑General may appoint another full‑time APRA member as Deputy Chair of APRA. (2) If this Act does not commence under subsection (1) within the period of 6 months beginning on the day on which this Act receives the Royal Assent, it commences on the first day after the end of that period. (6) The obligation to disclose an interest described in paragraph (4)(a) is subject to the following provisions: (a) disclosure is required whether or not the field of business or legal nature of the relationship has been determined; (b) if the interest is an expectation to enter into a new business relationship—the interest does not have to be disclosed unless the member can identify the other party, or one or more other parties, to the relationship.