QLDIn ForceAct
Agents Financial Administration Act 2014
sec.49Who may be appointed
Start here
Get a plain-English read of sec.49
Turn the raw legal text into a practical explanation grounded in Agents Financial Administration Act 2014.
### sec.49 Who may be appointed
The chief executive may appoint a person as a receiver only if satisfied the person is appropriately qualified to perform a receiver’s functions.
A person may be appointed as a receiver and a special investigator over the same trust property.
See section 70 (Appointment of special investigator).
(sec.49-ssec.1) The chief executive may appoint a person as a receiver only if satisfied the person is appropriately qualified to perform a receiver’s functions.
(sec.49-ssec.2) A person may be appointed as a receiver and a special investigator over the same trust property. See section 70 (Appointment of special investigator).