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Reserve Bank of New Zealand Act 2021

Reserve Bank of New Zealand - Board of Bank and its members - Appointment, removal, and conditions of members

41: Resignation of members

You could also call this:

"How to quit being on the Reserve Bank board"

Illustration for Reserve Bank of New Zealand Act 2021

You can resign from the Reserve Bank board by giving the Minister a written notice. You must sign the notice and send a copy to the Bank. The resignation takes effect when the Minister gets the notice, or at a later time you specify in the notice.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS287066.

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Part 2Reserve Bank of New Zealand
Board of Bank and its members: Appointment, removal, and conditions of members

41Resignation of members

  1. A member of the board may resign from office by written notice to the Minister (with a copy to the Bank) signed by the member.

  2. The resignation is effective on receipt by the Minister of the notice or at any later time specified in the notice.

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