CTHRepealedAct
Australian Securities and Investments Commission Act 1989
116Acting members
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#### 116 Acting members
(1) The Minister may:
(a) appoint a person to act as a full‑time member during any period when there are less than 8 persons who are members or are acting as members in accordance with this paragraph or paragraph (b);
(b) appoint a person to act as a part‑time member during any period when there are less than 8 persons who are members or are acting as members in accordance with this paragraph or paragraph (a) and there are at least 3 persons who are full‑time members or are acting as members in accordance with paragraph (a); or
(c) appoint a person to act as a full‑time member or as a part‑time member during any period when a full‑time member (other than the Chairperson or the Deputy Chairperson) or a part‑time member, as the case may be, is absent from office, is acting as Deputy Chairperson in accordance with section 118 or, in the case of a part‑time member, is, for any reason, unable to perform the functions of his or her office.
(2) Except so far as the contrary intention appears, a reference in this Act to a member of the Commission includes a reference to a person who is acting as a member under subsection (1).