CTHRepealedAct
Australian Securities and Investments Commission Act 1989
235AMembership of FRC
Start here
Get a plain-English read of 235A
Turn the raw legal text into a practical explanation grounded in Australian Securities and Investments Commission Act 1989.
#### 235A Membership of FRC
(1) The members of the Council are appointed by the Minister in writing. The Minister may appoint a person by specifying an organisation or body that is to choose the person who is appointed.
(2) The members hold office on the terms and conditions that are determined by the Minister.
(3) The Minister must appoint one of the members to be Chairman of the Council. The appointment must be in writing. The Council may appoint one of its members to be Deputy Chairman of the Council.