Document ID: chunk:federal_register_of_legislation:C2016A00011:schedule:2:p56
Version: federal_register_of_legislation:C2016A00011
Segment Type: schedule
Provision Reference: sch 2 (pt 56/71)
Character Range: 362703–365321

in the office of that member of the committee.
 (3) An employee, acting either alone or with others, is not entitled to appoint a person as a member of a committee of inspection under subsection (1) if:
 (a) the employee votes on a resolution to appoint or remove a member of the committee under section 80‑15; or
 (b) the employee, acting either alone or with others, appoints a member of the committee under subsection 80‑20(1); or
 (c) the employee, acting either alone or with others, has already appointed a member of the committee under subsection (1) of this section.
 (4) In this section:
employee of a company has the same meaning as in Part 5.8A.
entitlements of an employee of a company has the same meaning as in Part 5.8A.

80‑26  Committee of inspection—pooled groups

Application of this section
 (1) This section applies if each company that is a member of a pooled group is being wound up.

Meeting to form a committee of inspection for a pooled group
 (2) The external administrator or external administrators must, if directed to do so under section 80‑27, convene a meeting, on a consolidated basis, of the creditors of all of the companies for the purposes of determining either or both of the following:
 (a) whether there is to be a committee of inspection for the pooled group;
 (b) if there is, or is to be, a committee of inspection for the pooled group—who are to be appointed members of the committee.

Committee of inspection for a pooled group becomes the committee of inspection for each member of the pooled group
 (3) A committee of inspection for a pooled group is taken to be a committee of inspection for each company that is a member of the pooled group.

Existing committee of inspection for a member of a pooled group ceases to exist
 (4) If:
 (a) at the meeting, it is resolved that there is to be a committee of inspection for the pooled group; and
 (b) immediately before the meeting, a committee of inspection was in existence for a company that is a member of the pooled group;
the committee mentioned in paragraph (b) ceases to exist when the resolution mentioned in paragraph (a) is passed.

Rules relating to companies under external administration who are members of a pooled group
 (5) The Insolvency Practice Rules may provide for and in relation to meetings in relation to the external administration of companies that are members of a pooled group (pooled group meetings).
 (6) Without limiting subsection (5), the Insolvency Practice Rules may provide for and in relation to:
 (a) other circumstances in which pooled group meetings must or may be convened; and
 (b)