QLDIn ForceAct
Financial Intermediaries Act 1996
sec.189Definition of officer for part
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sec.189 Definition of officer for part
In this part— officer of a society includes— a person who acts, or who at any time acted, as banker, solicitor, auditor or in another capacity for the society; and a person who— has, or has at any time had, in his or her possession property of the society; or is indebted to the society outside the normal trading terms of the person’s membership; or is capable of giving information about the society’s affairs; and if an investigator has reasonable grounds for suspecting or believing that a person is a person mentioned in paragraph (b) —that person.
- (a) a person who acts, or who at any time acted, as banker, solicitor, auditor or in another capacity for the society; and
- (b) a person who— (i) has, or has at any time had, in his or her possession property of the society; or (ii) is indebted to the society outside the normal trading terms of the person’s membership; or (iii) is capable of giving information about the society’s affairs; and
- (i) has, or has at any time had, in his or her possession property of the society; or
- (ii) is indebted to the society outside the normal trading terms of the person’s membership; or
- (iii) is capable of giving information about the society’s affairs; and
- (c) if an investigator has reasonable grounds for suspecting or believing that a person is a person mentioned in paragraph (b) —that person.
- (i) has, or has at any time had, in his or her possession property of the society; or
- (ii) is indebted to the society outside the normal trading terms of the person’s membership; or
- (iii) is capable of giving information about the society’s affairs; and