Document ID: chunk:federal_register_of_legislation:C2004A02825:body:0:p16
Version: federal_register_of_legislation:C2004A02825
Segment Type: other
Provision Reference: 
Character Range: 39802–42472

Disciplinary Board Ordinance 1982;
     'decision', in relation to the Board, means a decision of the Board under this Subdivision and includes a refusal to exercise a power under section 30d;
     'hearing' means a hearing held by the Board for the purposes of this Subdivision;
     'member' means member of the Board and, while the deputy of a member is present at a hearing at which the member is not present, includes that deputy;
     'registered' means registered under this Division.

Cancellation at request of registered person
"30b. (1) Where a person who is registered as an auditor, as a liquidator, as a liquidator of a specified corporation or as an official liquidator requests the Commission to cancel his registration, the Commission may, in its discretion, cancel the registration of that person as an auditor, as a liquidator, as a liquidator of that corporation or as an official liquidator, as the case may be.
"(2) A decision of the Commission under sub-section (1) to cancel the registration of a person as an auditor, as a liquidator, as a liquidator of a specified corporation or as an official liquidator comes into effect forthwith upon the making of the decision.

Official liquidators
"30c. (1) The Commission may, at any time, in its discretion, cancel or suspend the registration as an official liquidator of a person who is so registered and the decision of the Commission cancelling or suspending the registration of a person as an official liquidator is final.
"(2) Where the Commission decides to exercise its power under sub-section (1) to cancel or suspend the registration of a person as an official liquidator, the Commission shall, not later than 14 days after the decision, give to the person a notice in writing setting out the decision and setting out the findings on material questions of fact, referring to the evidence or other material on which those findings were based and giving the reasons for the decision but the validity of the decision is not affected by failure of the Commission to do so.
"(3) A decision of the Commission under sub-section (1) to cancel or suspend the registration of a person as an official liquidator comes into effect at the expiration of the day on which there is given to the person a notice of the decision, being a notice of the kind referred to in sub-section (2).

Powers of Board in relation to auditors and liquidators
"30d. (1) The Board may, if it is satisfied on an application by the Commission for a person who is registered as an auditor to be dealt with under this section—
     (a) that the person—
          (i) is subject to a section 227 prohibition, a section 227a order