Amendment, administration and revocation
47ZQ Amendment, administration and revocation
The Minister may, if the Minister considers it appropriate, do any one or more of the following —
amend or revoke the conditions that apply to the appointment of the Coordinator or attach new conditions to the appointment;
appoint an administrator to the Coordinator or remove an administrator that has been appointed;
revoke the appointment of the Coordinator.
Without limiting the grounds on which the Minister may exercise a power under subsection (1), the Minister may exercise the power if the Coordinator has contravened a provision of this Part or a regulation made for the purposes of this Part.
Regulations may deal with any matter in relation to a power of the Minister under subsection (1) and may (without limitation) deal with —
the grounds on which the Minister may exercise a power under subsection (1); and
the process that must be followed in relation to the Minister’s exercise of a power under subsection (1).
Nothing in this Subdivision is intended to exclude or limit the operation of the Corporations Act Chapter 5.
[Section 47ZQ inserted: No. 5 of 2019 s. 6.]
This provision refers to the regulations (a regulation
). Made under this Act:
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