Particular matters for assessing application
102J Particular matters for assessing application
In assessing whether the applicant is suitable for appointment as the Organisation, the chief executive must consider and, if necessary, investigate the following—
the application;
the documents and evidence mentioned in section 102F(2) that accompanied the application;
the applicant’s business reputation, current financial position and financial background;
the suitability of each executive officer and business associate to be associated with the applicant as the Organisation;
whether, collectively, the executive officers have the skills, knowledge and experience required for the applicant to perform the functions of the Organisation effectively and efficiently.
In assessing the suitability of an executive officer or business associate of the applicant, the chief executive must consider and, if necessary, investigate the person’s—
character or business reputation; and
relevant skills, knowledge and experience; and
current financial position and financial background.
This Act’s bill:Explanatory memorandumSecond reading speech
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