Commonwealth Consolidated Regulations

INSOLVENCY PRACTICE RULES (BANKRUPTCY) 2016 - RULE 50.40

  (1)   If a person chosen by ARITA to be a member of a Part   2 committee ceases to be a member of the committee, ARITA must choose a replacement in accordance with the Act.

  (2)   If a person appointed by the Minister to be a member of a Part   2 committee ceases to be a member of the committee, the Minister must choose a replacement in accordance with the Act.

  (3)   Notice of the replacement of a member under subsection   (1) or (2) must be given to the person in relation to whom the Part   2 committee has been convened.