Document ID: chunk:federal_register_of_legislation:C2025C00182:section:141
Version: federal_register_of_legislation:C2025C00182
Segment Type: section
Provision Reference: s 141
Character Range: 490918–491863

141  Minister may specify persons who are eligible to be appointed to panels
 (1) The Minister may make a written determination specifying persons who are eligible to be appointed to Financial Services and Credit Panels.
 (2) The Minister must not specify a person for the purposes of subsection (1) unless:
 (a) the person is not a member of ASIC; and
 (b) the person is not a staff member; and
 (c) the Minister is satisfied that the person has experience or knowledge in at least one of the following fields:
 (i) business;
 (ii) administration of companies;
 (iii) financial markets;
 (iv) financial products and financial services;
 (v) law;
 (vi) economics;
 (vii) accounting;
 (viii) taxation;
 (ix) credit activities and credit services.
 (3) In specifying a person for the purposes of subsection (1), the Minister may consult the Tax Practitioners Board.
 (4) A determination made under subsection (1) is not a legislative instrument.