Corporations Act 2001
Note: See section 600K .PART 2 - REGISTERING AND DISCIPLINING PRACTITIONERS Division 20 - Registering liquidators Subdivision C - Varying etc. conditions of registration CLAUSE 20-45 ASIC MAY CONVENE A COMMITTEE TO CONSIDER APPLICATIONS 20-45(1)
ASIC may convene a committee for the purposes of considering an application, or applications, made under section 20-40 . 20-45(2)
The committee must consist of:
(a) ASIC; and
(b) a registered liquidator chosen by a prescribed body; and
(c) a person appointed by the Minister.
Note 1: Section 50-5 sets out the knowledge and experience that a prescribed body must be satisfied a person has before making an appointment under paragraph (2)(b).
Note 2: Section 50-10 sets out the matters of which the Minister must be satisfied before making an appointment under paragraph (2)(c).