(1) BaFin is granted the right to have civil servants.
(2) The President appoints civil servants of remuneration groups A 2 to A 16 of Remuneration Order A. The Federal President appoints the remaining civil servants.
(3) The President is the supreme service authority for civil servants. The President may delegate these powers to one or more members of the Executive Board.
(4) A discharge applied for by a civil servant may, in the service interest, be deferred by up to six months beyond the requested date (cooling-off period), even where the conditions of section 33(2) of the Federal Civil Service Act are not satisfied.
(5) Civil servants are obliged to notify BaFin, at the latest with the application for discharge, whether they intend to take up employment or other occupation outside the public service connected with their official activity in the last five years before the end of the employment relationship. Subsequent changes must be notified. The notification obligation ends six months after discharge from the civil-service relationship.
(6) The Federal Ministry of Finance may, by statutory instrument not requiring the consent of the Bundesrat, determine what cooling-off period BaFin must provide for for which type of intended subsequent employment, with the possibility of differentiating in particular between supervised institutions, undertakings providing services to supervised institutions, and undertakings carrying out lobbying or interest-representation activities directed at the competent authority.
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Section 9a
Civil servants; authorisation to issue statutory instruments
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