(1) The CEO is to be appointed by the Governor - General by written instrument.
(2) The CEO is to be appointed on a full - time basis.
(3) The CEO holds office for the period specified in the instrument of appointment. The period must not exceed 5 years.
Note: The CEO may be reappointed: see section 33AA of the Acts Interpretation Act 1901 .
(4) A person must not hold office as the CEO for a continuous period exceeding 10 years.
(5) For the purposes of subsection (4), any period when a person holds an acting appointment as CEO under section 39ZM is to be disregarded.
(6) A person is not eligible for appointment as the CEO if, at the time of appointment, the person is a member of the governing body of a relevant interest group.
Note: For when an individual is a member of the governing body of a relevant interest group: see subsection 10(10).