Grounds for suspending or cancelling appointment as Organisation
102V Grounds for suspending or cancelling appointment as Organisation
Each of the following is a ground to suspend or cancel a company’s appointment as the Organisation—
the company is no longer an eligible company;
an executive officer of the company is no longer an eligible individual;
the company is no longer suitable for appointment as the Organisation;
the company as the Organisation has contravened a provision of this Act;
the company has contravened a condition of its appointment as the Organisation;
the company as the Organisation has failed to comply with a direction of the Minister under section 102ZE;
the company as the Organisation has failed to achieve, and is unlikely to achieve, an outcome prescribed under section 102ZF during a particular period;
the company as the Organisation has contravened a compliance notice given to the company under chapter 11;
the company was appointed as the Organisation because of a materially false or misleading representation or declaration.
This Act’s bill:Explanatory memorandumSecond reading speech
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