Commonwealth Consolidated Acts

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AUSTRALIAN CHARITIES AND NOT-FOR-PROFITS COMMISSION ACT 2012 - SECT 100.40

Terms and conditions of appointment of acting responsible entities

  (1)   The Commissioner may determine the terms and conditions of the appointment of the acting responsible entities. The determination has effect despite anything in:

  (a)   any Australian law other than this section; or

  (b)   the registered entity's governing rules; or

  (c)   if the suspended or removed responsible entities were directors of a trustee of the registered entity--the governing rules of the trustee.

  (2)   Without limiting subsection   (1), the Commissioner may make a determination under that subsection to the effect that the acting responsible entities' fees are to be paid out of the assets of:

  (a)   the registered entity; or

  (b)   if the suspended or removed responsible entities were directors of a trustee of the registered entity--the trustee.



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