Commonwealth Consolidated Acts Commonwealth Consolidated ActsSuspension
(1) If the Commissioner suspends a responsible entity under section 100 - 10, the Commissioner may appoint one or more persons (the acting responsible entities ) to act in the place of the responsible entity during the period of the suspension.
(2) If the Commissioner suspends:
(a) all directors of a company; or
(b) all trustees of a trust;
under section 100 - 10, the Commissioner must appoint one or more persons (the acting responsible entities ) to act in the place of the suspended directors or trustees during the period of the suspension.
Removal
(3) If the Commissioner removes a responsible entity under section 100 - 15, the Commissioner may appoint one or more persons (the acting responsible entities ) to act in the place of the removed responsible entity until all of the vacancies created by the removal are filled.
(4) If the Commissioner removes:
(a) all directors of a company; or
(b) all trustees of a trust;
under section 100 - 15, the Commissioner must appoint one or more persons (the acting responsible entities ) to act in the place of the removed directors or trustees until at least one of the vacancies created by the removal are filled.