CTHRepealedAct
Australian Securities and Investments Commission Act 1989
184Constitution of Panel in relation to particular matters
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#### 184 Constitution of Panel in relation to particular matters
(1) The Panel shall, for the purposes of the performance or exercise of its functions or powers in relation to a particular matter, be constituted by 3 members in respect of whom a direction is in force under this section in relation to that matter.
(2) The President may give directions about the members (in this section called the sitting members) who are to constitute the Panel for the purposes of performing or exercising its functions or powers in relation to particular matters.
(3) A direction under subsection (2) shall:
(a) unless the sitting members include the President—designate one of them as President; and
(b) in any case—designate one of the sitting members as Deputy President;
of the Panel as constituted in relation to the matter concerned.
(4) Where the President gives a direction as to the sitting members, he or she may:
(a) at any time after the giving of the direction and before the commencement of proceedings in relation to the matter; or
(b) if one of those persons ceases to be a member, or ceases to be available for the purposes of proceedings in relation to a matter, during the proceedings or after the completion of the proceedings but before the matter to which the proceedings relate is determined—at any time after the person so ceases to be a member or to be available;
revoke the direction and give a further direction under subsection (2) as to the additional members.
(4A) The regulations may make provision in relation to the constitution of the Panel for the purposes of conducting a review under section 657EA or 657EB of the Corporations Law.
(5) In this section:
> functions or powers means functions or powers of the Panel under a national scheme law of this jurisdiction.