1Aboriginal and Torres Strait Islander Commission (Supervision of Debts) Directions 2004

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Aboriginal and Torres Strait Islander Commission (Supervision of Debts) Directions 2004

I, AMANDA ELOISE VANSTONE, Minister for Immigration and Multicultural and Indigenous Affairs, give these Directions to the Aboriginal and Torres Strait Islander Commission under subsection 12 (1) of the Aboriginal and Torres Strait Islander Commission Act 1989.

Dated 10th May 2004

A Vanstone

Minister for Immigration and Multicultural and Indigenous Affairs

1 Name of Directions

These Directions are the Aboriginal and Torres Strait Islander Commission (Supervision of Debts) Directions 2004 .

2 Commencement

These Directions commence when they are given to the Aboriginal and Torres Strait Islander Commission.

3 Definition

In this Direction:

Commission means the Aboriginal and Torres Strait Islander Commission;

receiver‑manager means a receiver‑manager appointed by the Commission in connection with a debt owed to the Commission.

4 Commission may dismiss receiver‑manager

(1) The Commission may dismiss or otherwise remove a receiver‑manager if, and only if, the conditions set out in subclause (2) are satisfied.

(2) The Commission must not dismiss or otherwise remove a receiver‑manager mentioned in subclause (1) unless the Commission has given the Minister 60 days notice, in writing, of its decision.

(3) The Commission must give the Minister a statement of the reasons for its decision at the same time that it gives written notice to the Minister in accordance with subclause (2).