S 166-15 repealed by No 87 of 2015, s 3 and Sch 1 item 71, effective 1 July 2015. For transitional provisions, see note under s
3-15
. S 166-15 formerly read:
SECTION 166-15 WHO IS A DISQUALIFIED PERSON?
166-15(1)
A person is a
disqualified person
if, at any time:
(a)
the person has been convicted of an offence against or arising out of:
(i)
this Act; or
(ii)
the
Corporations Act 2001
, the Corporations Law that was previously in force, or any law of a foreign country that corresponds to that Act or to that Corporations Law; or
(b)
the person has been convicted of an offence against or arising out of a law in force in Australia, or the law of a foreign country, if the offence concerns dishonest conduct or conduct relating to a financial sector company (within the meaning of the
Financial Sector (Shareholdings) Act 1998
); or
(c)
the person has been or becomes bankrupt; or
(d)
the person has applied to take the benefit of a law for the relief of bankrupt or insolvent debtors; or
(e)
the person has compounded with his or her creditors; or
(f)
the Council has disqualified the person under section 166-20.
Note:
The Council may determine that a person is not a disqualified person (see section 166-25).
166-15(2)
A reference in subsection (1) to a person who has been convicted of an offence includes a reference to a person in respect of whom an order has been made relating to the offence under:
(a)
section 19B of the
Crimes Act 1914
; or
(b)
a corresponding provision of a law of a State, a Territory or a foreign country.
166-15(3)
Nothing in this section affects the operation of Part VIIC of the
Crimes Act 1914
(which includes provisions that, in certain circumstances, relieve persons from the requirement to disclose spent convictions and require persons aware of such convictions to disregard them).