(1) A person is not eligible for appointment as a statutory manager unless the person is—
(a) a licensee; or
(b) a person employed under Part 3 of the Public Administration Act 2004 ; or
(c) an Australian legal practitioner who holds an Australian practising certificate entitling the person to engage in legal practice as a principal of a law practice.
(2) In this section, "Australian practising certificate" , "engage in legal practice" , "law practice" and "principal" have the same meanings respectively as they have in the Legal Profession Act 2004 .