Corporations Act 2001
SCHEDULE 2
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INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)
If an application to vary or remove a condition of registration is referred to a committee, the committee must consider the application.
20-55(2)
Unless the applicant otherwise agrees, the committee must, for the purposes of considering the application, interview the applicant.
20-55(3)
The committee must, within 20 business days after interviewing the applicant or obtaining the agreement of the applicant as referred to in subsection (2):
(a) decide whether the condition to which the application relates should be varied or removed; and
(b) if a condition is to be varied - specify the way in which it is to be varied.
Note: See section 600K .
PART 2 - REGISTERING AND DISCIPLINING PRACTITIONERS Division 20 - Registering liquidators Subdivision C - Varying etc. conditions of registration SECTION 20-55 COMMITTEE TO CONSIDER APPLICATIONS 20-55(1)If an application to vary or remove a condition of registration is referred to a committee, the committee must consider the application.
20-55(2)
Unless the applicant otherwise agrees, the committee must, for the purposes of considering the application, interview the applicant.
20-55(3)
The committee must, within 20 business days after interviewing the applicant or obtaining the agreement of the applicant as referred to in subsection (2):
(a) decide whether the condition to which the application relates should be varied or removed; and
(b) if a condition is to be varied - specify the way in which it is to be varied.
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