Bankruptcy Act 1966
Note: See section 4A .
PART 3 - GENERAL RULES RELATING TO ESTATE ADMINISTRATIONSEither:
(a) an employee of the regulated debtor; or
(b) the employees of the regulated debtor;
representing at least 50% in value of amounts owed to or in respect of employees by the regulated debtor, in respect of services rendered to or for the regulated debtor, may appoint a person as a member of a committee of inspection to represent the employees.
80-25(2)
If an employee or a group of employees appoints a person under this section, the employee or group of employees may:
(a) remove the person as a member of the committee; and
(b) appoint another person to fill a vacancy in the office of that member of the committee.
80-25(3)
An employee, acting either alone or with others, is not entitled to appoint a person as a member of a committee of inspection under subsection (1) if:
(a) the employee votes on a resolution to appoint or remove a member of the committee under section 80-15 ; or
(b) the employee, acting either alone or with others, appoints a member of the committee under subsection 80-20(1) ; or
(c) the employee, acting either alone or with others, has already appointed a member of the committee under subsection (1) of this section.
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