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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 140

Appointment of panel members

  (1)   A member of a Financial Services and Credit Panel is to be appointed by ASIC by written instrument.

  (2)   If a determination is in force under subsection   141(1), a person must not be appointed as a member of a Financial Services and Credit Panel unless the person is specified in the determination.

  (3)   However, subsection   (2) does not apply in relation to the appointment of the Chair of a Financial Services and Credit Panel.



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