(1) At least 2 of the members of the Liability Committee must be Australian legal practitioners.
(2) At least one of the members of the Liability Committee must be appointed as a representative of the interests of consumers.
(3) At least 2 of the members of the Liability Committee must be persons who have—
(a) knowledge of or experience in the insurance industry; or
(b) accounting or financial expertise.
(4) In this section, "member" does not include the chairperson.