Document ID: chunk:federal_register_of_legislation:C2016A00011:schedule:2:p26
Version: federal_register_of_legislation:C2016A00011
Segment Type: schedule
Provision Reference: sch 2 (pt 26/71)
Character Range: 286297–289057

powers, functions and duties in relation to the matter are not affected by a change in the membership of the committee; and
 (b) the committee may adjourn its consideration of the matter, and may do so more than once; and
 (c) the matter may be transferred to another committee with powers, functions and duties under this Part in relation to matters of that kind.

50‑25  Procedure and other rules relating to committees
  The Insolvency Practice Rules may provide for and in relation to:
 (a) the manner in which the committees convened under this Part are to perform their functions, including:
 (i) meetings of committees; and
 (ii) the number of committee members required to constitute a quorum; and
 (iii) disclosure of interests in a matter before a committee; and
 (iv) the manner in which questions are to be decided by the committee; and
 (b) the reconstitution of a committee; and
 (c) the termination of the consideration of a matter by a committee, and the transfer of matters to another committee.

50‑30  Remuneration of committee members
 (1) A member of a committee convened under this Part is entitled to receive the remuneration that is determined by the Remuneration Tribunal. If no determination of that remuneration by the Tribunal is in operation, the member is entitled to receive such remuneration as the Minister determines in writing.
 (2) A member is entitled to receive such allowances as the Minister determines in writing.
 (3) This section has effect subject to the Remuneration Tribunal Act 1973.

50‑35  Committee must only use information etc. for purposes for which disclosed

Offence
 (1) A person commits an offence if:
 (a) the person is or was a member of a committee convened under this Part; and
 (b) information or a document is or was disclosed to the person for the purposes of exercising powers or performing functions as a member of the committee; and
 (c) the person uses or discloses the information or document.
Penalty: 50 penalty units.

Exception—information or document disclosed to the Inspector‑General in Bankruptcy or another committee etc.
 (2) Subsection (1) does not apply if the information or document:
 (a) is used or disclosed by the person for the purposes of exercising powers or performing functions as a member of the committee mentioned in subsection (1); or
 (b) is disclosed:
 (i) to the Inspector‑General in Bankruptcy to assist the Inspector‑General to exercise his or her powers or perform his or her functions under the Bankruptcy Act 1966; or
 (ii) to a committee convened under Part 2 of the Insolvency Practice Schedule (Bankruptcy) to assist the committee to exercise its powers or perform its functions under that Part; or
 (iii) to another committee convened under this Part to