The Treasurer, the Hon Peter Costello, MP, today announced the appointment or re-appointment of nine members of the Companies and Securities Advisory Committee (CASAC).
CASAC is established under the Australian Securities and Investments Commission Act 1989 to advise the Government on matters relating to the amendment, administration or reform of the Corporations Law, companies, and the securities and futures industries. Among the issues considered by CASAC to date are corporate financial transactions, enhanced statutory disclosure, prospectus law reform, statutory derivative actions, collective investments, compulsory acquisitions and the regulation of derivatives.
Members of CASAC are appointed on a part-time basis for terms of up to three years based on their knowledge of or experience in business, the administration of companies, the financial markets, law, economics or accounting. They are selected from panels of names put forward by the States and Territories.
- Mr Richard St John has been re-appointed as the Convenor of CASAC, and Professor Philip Brown, Ms Patricia Cross, Mr Peter Griffin, Mr Gregory Hancock, Mr Robert Hudson and Mr John Maslen have been re-appointed as members of CASAC, each for a two year term.
- The new members appointed to the Committee, each for a three year term, are Ms Merran Kelsall and Mrs Marian Micalizzi.
The current affiliations of each of these members are shown in an attachment. Other members of the Committee are Mr Reginald Barrett, Mr Alan Cameron, AM, Mr Leigh Hall and Ms Nicki Hutley.
The Treasurer also announced the re-appointment of Associate Professor Jennifer Hill and Mr Peter James as members of CASACs Legal Sub-Committee, each for a two year term. The Legal Sub-Committee mainly comprises senior corporate lawyers and provides advice on all matters coming before CASAC.
CANBERRA
13 August 1999
APPOINTMENTS TO THE COMPANIES AND SECURITIES ADVISORY COMMITTEE (CASAC) AND ITS LEGAL SUB-COMMITTEE
Appointments and re-appointments to CASAC
Mr Richard St John has been Convenor of CASAC since 1997. He is Group General Counsel, The Broken Hill Proprietary Company Limited, a board member of the Institute of Public Affairs, and a member of the Victorian Regional Liaison Committee, Australian Securities and Investments Commission.
Professor Philip Brown is KPMG Peat Marwick Professor of Accounting at the University of Western Australia. He has been a member of CASAC since 1995.
Ms Patricia Cross has been a member of CASAC since 1997. She is a director of Suncorp-Metway Bank Limited, Georges Melbourne Pty Ltd, and RMIT University, and a member of the National Board of Governors of the American Chamber of Commerce in Australia.
Mr Peter Griffin, of Melbourne, has been a member of CASAC since 1997. He is a director of N M Rothschild & Sons (Aust) Pty Ltd, Chairman of The Five Arrows Fund Ltd, and a director of Computershare Ltd, Just Jeans Holdings Ltd, Grand Hotel Group, and Roche Bros Pty Ltd.
Mr Gregory Hancock is Managing Director, Hancock Corporate and Investment Services Pty Ltd, and a member of the Western Australia Regional Liaison Committee, Australian Securities and Investments Commission. He has been a member of CASAC since 1997.
Mr Robert Hudson is Managing Partner, Deloitte Touche Tohmatsu, Darwin and has been a member of CASAC since 1997.
Ms Merran Kelsall is a consultant with BDO Nelson Parkhill, Melbourne. She is a director of Colonial Ltd, City Wide Service Solutions Pty Ltd, and Transmission Pipelines of Australia Group Pty Ltd, and Deputy Chairman, North Western Health Care Network. Other positions include Chairman of the Audit Committee of the Australian Securities and Investments Commission, Council Member of the Institute of Chartered Accountants in Australia (Victoria), and President of the Australian Institute of Management, Victoria.
Mr John Maslen has been a member of CASAC since 1997. He is Company Secretary and Chief Executive Administration, G H Michell & Sons (Australia) Pty Ltd, Adelaide.
Mrs Marian Micalizzi is a Partner of PricewaterhouseCoopers, Brisbane. She is a director of the Queensland Office of Financial Supervision, Queensland Investment Corporation, and the Australian Financial Institutions Commission.
Re-appointments to the Legal Sub-Committee of CASAC
Associate Professor Jennifer Hill has been a member of the Legal Sub-Committee since 1995. She teaches law at the University of Sydney.
Mr Peter James, also a member of the Legal Sub-Committee since 1995, is a consultant with Ward Keller, Darwin.