Order under s. 93 for supervisor, effect of
94 Order under s. 93 for supervisor, effect of
Where an order made under section 93 authorises the Commissioner to appoint a supervisor, the Commissioner during the currency of the order —
may, on such terms and conditions as to remuneration and indemnity as the Commissioner thinks fit appoint a person, licensed or unlicensed, as supervisor of the business of the agent or deceased agent referred to in the order; and
may authorise the supervisor to obtain an advance from the Treasurer, which the Treasurer is hereby authorised to make on such terms and conditions as the Treasurer thinks fit, for the purpose of carrying on the business of the agent or deceased agent; and
may determine what, if any, proportion of remuneration or other proper charges recovered on account of the agent or deceased agent, shall be paid to the agent or the personal representative of the deceased agent and what proportion shall be paid to the Commissioner towards the expenses and remuneration of the supervisor and for reimbursement of advances made under paragraph (b).
An appointment of a supervisor shall be in writing.
[Section 94 amended: No. 58 of 2010 s. 101 and 134.]
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