Document ID: chunk:federal_register_of_legislation:F2022C01140:body:0:p11
Version: federal_register_of_legislation:F2022C01140
Segment Type: other
Provision Reference: 
Character Range: 34681–37573

meeting to the persons attending the meeting; or
 (e) screencasting the document in a reasonable way during the meeting to the persons attending the meeting, as a whole.

50‑7  Electronic recording and keeping of minutes
 (1) If minutes are required to be recorded, the minutes may be recorded in electronic form if, at the time of the recording of the minutes, it was reasonable to expect that the minutes would be readily accessible so as to be useable for subsequent reference.
 (2) If minutes are required to be kept, the requirement is taken to be satisfied if:
 (a) the minutes are kept in electronic form; and
 (b) having regard to all the relevant circumstances at the time of the generation of the electronic form of the minutes, the method of generating the electronic form of the minutes provided a reliable means of assuring the maintenance of the integrity of the information contained in the minutes; and
 (c) at the time of the generation of the electronic form of the minutes, it was reasonable to expect that the information contained in the electronic form of the minutes would be readily accessible so as to be useable for subsequent reference.
 (3) For the purposes of paragraph (2)(b), the integrity of information contained in the minutes 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.

       50‑10  ARITA may appoint a member of a Part 2 committee

         For the purposes of the following provisions of the Insolvency Practice Schedule (Corporations), the prescribed body is ARITA:
           (a) paragraph 20‑10(2)(b) (applications for registration);
           (b) paragraph 20‑45(2)(b) (applications to vary etc. conditions of registration);
           (c) paragraph 40‑45(2)(b) (disciplinary action);
           (d) paragraph 40‑75(2)(b) (applications to lift or shorten a suspension).

       50‑15  Knowledge and experience required of a member of a Part 2 committee appointed by ARITA

        (1) This section is made for the purposes of paragraph 50‑5(2)(a) of the Insolvency Practice Schedule (Corporations).

        (2) A person appointed by ARITA as a member of a committee convened under Part 2 of the Insolvency Practice Schedule (Corporations) must have at least 5 years' experience as a registered liquidator.

       50‑20  Chair of a Part 2 committee

         ASIC's delegate to a Part 2 committee is to be the Chair of the committee.

       50‑25  Resignation of Part 2 committee members

        (1) A member of a Part 2 committee may resign from the committee by giving notice in writing of that fact to the Chair.

        (2) The resignation takes effect on the later of:
           (a) the day on which the notice is given; and
           (b) a