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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 210B

Meetings of Panel of the Disciplinary Board

  (1)   The Panel Chairperson of a Panel of the Disciplinary Board must:

  (a)   convene such meetings of the Panel as the Panel Chairperson considers necessary for the performance of the Panel's functions; and

  (b)   preside at all meetings of the Panel.

  (2)   At a meeting of a 5 person Panel of the Board, a quorum is constituted by:

  (a)   the Panel Chairperson; and

  (b)   an accounting member; and

  (c)   a business member.

This subsection has effect subject to subsection   210A(7).

  (3)   At a meeting of a 3 person Panel of the Board, a quorum is constituted by:

  (a)   the Panel Chairperson; and

  (b)   the accounting member.

This subsection has effect subject to subsection   210A(7).

  (4)   A question arising at a meeting of a Panel of the Disciplinary Board must be determined by a majority of the votes of the members of the Panel present and voting.

  (5)   At a meeting of a Panel of the Disciplinary Board, the Panel Chairperson has a deliberative vote and, in the event of an equality of votes, also has a casting vote.

  (6)   Subject to this Part, the procedures for convening meetings of a Panel of the Disciplinary Board and for the conduct of business by a Panel of the Disciplinary Board must be as the Disciplinary Board determines.


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