### sec.47 Qualifications for appointment A person can not be appointed or continue in office as the chief executive officer if the person— is an insolvent under administration; or has a conviction, other than a spent conviction, for an indictable offence; or is not able to manage a corporation because of the Corporations Act , part 2D .6; or is named in the register held by ASIC under the Corporations Act , section 1274AA . - (a) is an insolvent under administration; or - (b) has a conviction, other than a spent conviction, for an indictable offence; or - (c) is not able to manage a corporation because of the Corporations Act , part 2D .6; or - (d) is named in the register held by ASIC under the Corporations Act , section 1274AA .

Previous sectionsec.46Conditions of appointment Next sectionsec.48Chief executive officer’s responsibilities