Basis of appointment
21 Basis of appointment
The chief executive may make the appointment only if the chief executive is satisfied—
the appointment is reasonably necessary to remedy a serious concern for the funding; and
it is essential for a funded product or service of the funded entity to continue to be delivered; and
an administrator, liquidator or receiver has not been appointed for the funded entity.
In being satisfied under subsection (1), the chief executive—
must have regard to the likely consequences for persons using the funded product or service if the funded product or service is not delivered or delivered when a serious concern exists; and
may have regard to the following—
the type of funded product or service;
the amount of the funding;
whether funding has been suspended or stopped;
whether the funded entity received the funding from the department or from another entity that received the funding from the department;
whether the funded entity is receiving money or other assistance, including funding, from another source;
the likely consequences of the appointment;
whether an administrator, liquidator or receiver is likely to be appointed for the funded entity before the interim manager is appointed;
any other relevant matter.
This Act’s bill:Explanatory memorandum
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