Plain language law

New Zealand law explained for everyone

Reserve Bank of New Zealand Act 2021

Reserve Bank of New Zealand - Board of Bank and its members - Remuneration and expenses

43: Remuneration of members

You could also call this:

"How much Reserve Bank board members get paid"

Illustration for Reserve Bank of New Zealand Act 2021

You are a member of the Reserve Bank board. You get paid from the Bank's funds. The Remuneration Authority decides how much you get paid. They follow the Remuneration Authority Act 1977 to make this decision, but not according to section 44.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS287069.

This page was last updated on — View changes

Topics:
Money and consumer rights > Banking and loansWork and jobs > Worker rightsGovernment and voting > Government departments
Previous

42: Members ceasing to hold office, or

"How people stop being on the Reserve Bank board"

Next

44: Expenses of members, or

"Getting paid back for work expenses as a Reserve Bank board member"

Part 2Reserve Bank of New Zealand
Board of Bank and its members: Remuneration and expenses

43Remuneration of members

  1. A member of the board is entitled to receive, from the funds of the Bank, remuneration not within section 44 for services as a member at a rate and of a kind determined by the Remuneration Authority in accordance with the Remuneration Authority Act 1977.

Compare