Document ID: chunk:federal_register_of_legislation:F2022C01140:body:0:p14
Version: federal_register_of_legislation:F2022C01140
Segment Type: other
Provision Reference: 
Character Range: 42243–45008

document is signed by the last member to sign the document who makes up the majority.

        (4) Two or more separate documents that are identical in all material respects (apart from signatures), each of which is signed by one or more members of a Part 2 committee, are taken for the purposes of subsection (2) to constitute a single document.

       50‑70  Keeping records of decisions

        (1) A Part 2 committee must keep a written record of its decisions.
 (2) A written record of a decision of a Part 2 committee may be kept in electronic form if, at the time of the making of the record, it was reasonable to expect that the record would be readily accessible so as to be useable for subsequent reference.
 (3) If a written record of a decision of a Part 2 committee is required to be kept at a place, the requirement is taken to be satisfied if:
 (a) an electronic form of the record is open for inspection at the place in accordance with the Act, the regulations or these Rules; and
 (b) having regard to all the relevant circumstances at the time of the generation of the electronic form of the record, the method of generating the electronic form of the record provided a reliable means of assuring the maintenance of the integrity of the information contained in the record; and
 (c) at the time of the generation of the electronic form of the record, it was reasonable to expect that the information contained in the electronic form of the record would be readily accessible so as to be useable for subsequent reference.
 (4) For the purposes of paragraph (3)(b), the integrity of information contained in a record is maintained if, and only if, the information has remained complete and unaltered, apart from:
 (a) the addition of any endorsement; or
 (b) any immaterial change;
which arises in the normal course of communication, storage or display.

       50‑75  Inquiries by a Part 2 committee

        (1) A Part 2 committee considering a matter under Part 2 of the Insolvency Practice Schedule (Corporations) may make inquiries of any person for the purposes of making a decision in relation to the matter.

        (2) Inquiries made must be inquiries:
           (a) that are reasonable, for the purpose of making an informed decision; or
           (b) that the Chair of the committee believes are appropriate in order for the committee to have sufficient information to make the decision.

       50‑80  Interviewing applicants

        (1) This section applies if a Part 2 committee is required to interview an applicant under one of the following provisions of the Insolvency Practice Schedule (Corporations):
           (a) paragraph 20‑20(2)(a) (application for registration as a liquidator);
           (b) subsection 20‑55(2)