Bankruptcy Act 1966

SCHEDULE 2 - INSOLVENCY PRACTICE SCHEDULE (BANKRUPTCY)  

Note: See section 4A .

PART 2 - REGISTERING AND DISCIPLINING PRACTITIONERS  

Division 50 - Committees under this Part  

SECTION 50-5   PRESCRIBED BODY APPOINTING A PERSON TO A COMMITTEE  
Application of this section

50-5(1)    
This section applies if a prescribed body is to appoint a person to a committee under this Part.

Prescribed body must only appoint a person with appropriate knowledge and experience

50-5(2)    
The prescribed body is to appoint a person as a member of the committee only if the prescribed body is satisfied that the person has:

(a)    if any knowledge or experience is prescribed in relation to appointments of the kind to be made - that knowledge or experience; or

(b)    if no knowledge or experience is prescribed in relation to appointments of the kind to be made - the knowledge and experience necessary to carry out the person ' s functions as a member of the committee if appointed.