Meaning of current conditions
5-10 Meaning of current conditions
Each of the following is a current condition imposed on a registered trustee:
a condition that a committee decides that the registered trustee is to be subject to under subsection 20‑20(5) or (6), subject to any variation that a committee has decided should be made to the condition under section 20‑55;
a condition imposed on all registered trustees, or on registered trustees of the trustee’s class, under section 20‑35;
a condition imposed under subsection 40‑15(2) (direction not to accept further appointments);
a condition that a committee decides that the registered trustee is to be subject to under paragraph 40‑55(1)(f) or (g) (conditions as a result of disciplinary action), subject to any variation that a committee has decided should be made to the condition under section 20‑55;
a condition imposed on the registered trustee by the Court under section 45‑1.
However, the current conditions imposed on a registered trustee do not include:
a condition that a committee has decided to remove under section 20‑55; or
a condition that is removed under subsection 40‑15(4) (condition removed because a direction not to accept further appointments has been withdrawn); or
a condition that the Court has ordered be removed under section 45‑1.
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