Western Australian Numbered Acts Western Australian Numbered Acts (1) This section
applies if —
(a) a
body corporate is the holder, or one of the holders, of a licence; and
(b) a
new person is included, or proposed to be included, in the persons who are
concerned in the management of the body corporate, irrespective of whether an
increase in the number of such persons is involved.
(2) The body corporate
may apply to the Commissioner for approval of the inclusion.
(3) The application
must be accompanied by the application fee prescribed under the Administration
Act.
(4) The application
must include the information about the new person that would have to be given
to the Commissioner in an application for a licence of the kind concerned.
(5) After considering
the application, the Commissioner must —
(a)
approve the inclusion of the person in the persons who are concerned in the
management of the body corporate; or
(b)
refuse the application under subsection (6).
(6) The Commissioner
must refuse an application if he or she is satisfied that a licence of the
kind concerned would not be granted if —
(a) the
body corporate were the applicant, or one of the applicants, under
section 55 for a licence of that kind; and
(b) at
the time of the application the persons concerned in the management of the
body corporate were the persons who would be so concerned if the proposed
inclusion were approved.