Commonwealth Numbered Acts

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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78, 1993 - SECT 259

Commissioner may veto appointment of investigator or investigators
259.(1) The trustee must, within 7 days after the date on which the notice was
given, advise the Commissioner, in writing, of the name of the person or
persons appointed.

(2) If the Commissioner notifies the trustee that the person is, or any or all
of the persons are, not acceptable to the Commissioner, the trustee must,
within 7 days after the date on which the notice was given:

   (a)  appoint a different individual or individuals; and

   (b)  advise the Commissioner, in writing, of the name of the individual or
        individuals so appointed.

(3) The Commissioner may, within 7 days after the advice was given under
subsection (1) or (2), notify the trustee, in writing, that the person is, or
that any or all of the persons are, not acceptable to the Commissioner. 


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