(1) The Minister may, by notifiable instrument, make a declaration that a person is the representative for a participating incorporated lone institution.
(2) The Minister must not make a declaration under subsection (1) unless the Minister is satisfied that:
(a) the institution has agreed to the person being the representative for the institution; and
(b) the person has agreed to being the representative for the institution.
Note: For how the agreement of the institution or person is given, see
section 186.