(1) The Governor in Council may appoint a person to act as the Regulator for a period of not more than 6 months if—
(a) the office of the Regulator is vacant; or
(b) the Regulator is absent or, for any other reason, is unable to perform the duties of the office of the Regulator.
(2) The Minister may appoint a person to act as the Regulator for a period of not more than 6 months if the Regulator is absent.
(3) The acting Regulator has and may exercise all the powers, and must perform all the functions and duties, of the Regulator.
(4) A person appointed as acting Regulator by the Governor in Council is entitled to any remuneration and allowances determined from time to time by the Governor in Council.
(5) A person appointed as acting Regulator by the Minister is entitled to any remuneration and allowances determined by the Minister.
(6) The Governor in Council may at any time revoke an acting appointment made by the Governor in Council.
(7) The Minister may at any time revoke an acting appointment made by the Minister.