Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Disciplinary Board consists of:
(a) a Chairperson; and
(b) a Deputy Chairperson; and
(c) 6 members that the Minister selects who are eligible under subsection (1B) for appointment as a member; and
(e) 6 members that the Minister selects who are eligible under subsection (2A) for appointment as a member.
(1A) The accounting members are the members appointed under paragraph (1)(c), and the business members are the members appointed under paragraph (1)(e).
(1B) A person is eligible under this subsection for appointment as an accounting member if the person:
(a) is resident in Australia; and
(b) is a member of:
(i) a professional accounting body; or
(ii) any other body prescribed by the regulations for the purposes of this subparagraph.
(2) A person is not eligible for appointment as Chairperson or Deputy Chairperson unless he or she is enrolled as a barrister, as a solicitor, as a barrister and solicitor or as a legal practitioner of the High Court, of any federal court or of the Supreme Court of a State or Territory and has been so enrolled for a period of at least 5 years.
(2A) A person is eligible under this subsection for appointment as a business member if:
(a) the person is resident in Australia; and
(b) the Minister is satisfied that the person is suitable for the appointment as a representative of the business community because of the person's qualifications in, knowledge of or experience in one or more of the following fields:
(i) business or commerce;
(iii) financial markets;
(iv) financial products and financial services;
(v) economics;
(vi) law.
(3) The Chairperson, the Deputy Chairperson and each of the other members are to be appointed by the Minister on a part - time basis.