Document ID: chunk:federal_register_of_legislation:C2025C00182:section:139
Version: federal_register_of_legislation:C2025C00182
Segment Type: section
Provision Reference: s 139
Character Range: 489889–490450

139  ASIC to convene panels
 (1) ASIC may, in writing, convene one or more Financial Services and Credit Panels.
 (2) ASIC must, in circumstances prescribed by the regulations (if any), convene a panel under subsection (1) to perform functions or exercise powers under the corporations legislation in relation to a relevant provider.
 (3) A panel convened under subsection (1) must consist of the following members appointed under subsection 140(1):
 (a) a Chair;
 (b) at least 2 other members.
 (4) The Chair must be a staff member.

Division 2—Panel members