Criteria for granting assistance, formulating
131O Criteria for granting assistance, formulating
The Property Industry Advisory Committee may of its own motion or shall at the request of the chief executive officer, after consulting —
[(a) deleted]
the person holding or acting in the office of the Chairman of the Commonwealth Banking Corporation chief executive officer constituted under the Commonwealth Banks Act 1959 of the Parliament of the Commonwealth; and
[(c)-(e) deleted]
such other persons as may be prescribed,
make recommendations to the chief executive officer on the formulation of criteria under subsection (2).
The chief executive officer shall from time to time, with the approval of the Minister and after considering any recommendations made to it under subsection (1), formulate the criteria in accordance with which applications received by the chief executive officer under section 131M are to be decided.
[Section 131O inserted: No. 29 of 1982 s. 10; amended: No. 6 of 1994 s. 13; No. 43 of 1994 s. 9; No. 14 of 1995 s. 44; No. 59 of 1995 s. 37; No. 12 of 2001 s. 50; No. 17 of 2005 s. 29(3); No. 58 of 2010 s. 126.]
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.