Prescribed body appointing a person to a committee
50-5 Prescribed body appointing a person to a committee
Application of this section
This section applies if a prescribed body is to appoint a person to a committee under this Part.
Prescribed body must only appoint a person with appropriate knowledge and experience
The prescribed body is to appoint a person as a member of the committee only if the prescribed body is satisfied that the person has:
if any knowledge or experience is prescribed in relation to appointments of the kind to be made—that knowledge or experience; or
if no knowledge or experience is prescribed in relation to appointments of the kind to be made—the knowledge and experience necessary to carry out the person’s functions as a member of the committee if appointed.
This provision refers to the regulations (prescribed body
). Made under this Act:
- Bankruptcy Regulations 2021 · under s 315
This Act’s bill:Second reading speech
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