Document ID: chunk:federal_register_of_legislation:C2025C00139:section:14:p48
Version: federal_register_of_legislation:C2025C00139
Segment Type: section
Provision Reference: s 14 (pt 48/66)
Character Range: 153088–156010

(2) Without limiting subsection (1), the Commissioner may make a determination under that subsection to the effect that the acting responsible entities' fees are to be paid out of the assets of:
 (a) the registered entity; or
 (b) if the suspended or removed responsible entities were directors of a trustee of the registered entity—the trustee.

100‑45  Termination of appointments of acting responsible entities
  The Commissioner may terminate the appointment of an acting responsible entity at any time.

100‑50  Resignation of acting responsible entities
 (1) An acting responsible entity may resign by writing given to the Commissioner.
 (2) The resignation does not take effect until the end of the seventh day after the day on which it was given to the Commissioner.

100‑55  Powers of acting responsible entities
 (1) The acting responsible entities have and may exercise all the rights, title and powers, and must perform all the functions and duties, of the removed or suspended responsible entities.
 (2) The registered entity's governing rules (and, if the suspended or removed responsible entities were directors of a trustee of the registered entity, the governing rules of the trustee), and every Australian law apply in relation to the acting responsible entities as if the acting responsible entities:
 (a) in a case to which subsection 100‑20(3) applies—occupied the same offices as the suspended or removed responsible entities; or
 (b) otherwise—were the trustees of the registered entity.

100‑60  Commissioner may give directions to acting responsible entities
 (1) The Commissioner may give an acting responsible entity a written notice directing the acting responsible entity to do, or not to do, one or more specified acts or things in relation to the registered entity.
 (2) The acting responsible entity commits an offence if:
 (a) the acting responsible entity engages in conduct (within the meaning of section 300‑5); and
 (b) that engagement in conduct contravenes a notice given to the acting responsible entity under subsection (1) of this section.
Penalty: 40 penalty units.
 (3) This section does not affect the validity of a transaction entered into in contravention of a notice given under subsection (1).

Subdivision 100‑D—Special provisions about acting trustees

100‑65  Property vesting orders
 (1) If the Commissioner appoints an acting responsible entity to act in the place of a suspended or removed trustee of the registered entity, the Commissioner must make a written order vesting the property of the registered entity in the acting responsible entity.
 (2) If the appointment ends, the Commissioner must make a written order vesting the property of the registered entity in the new acting responsible entity, the previously suspended trustee or trustees or the new permanent trustee or trustees (whichever is applicable).
 (3) If the Commissioner makes an order under this