Corporations Legislation Amendment Act 2003 (24 of 2003)

Schedule 5   Other amendments

Australian Securities and Investments Commission Act 2001

2   After subsection 153(1)

Insert:

(1A) The Chairperson of ASIC may nominate in writing a person to attend a particular meeting, or all meetings, of CAMAC at which the Chairperson is not present.

(1B) The Chairperson may only nominate a person who is:

(a) a member of ASIC; or

(b) an SES employee or acting SES employee of ASIC.