(1) The office of the Official Visitor is established.
(2) The Minister may appoint a person as official visitor only if satisfied that the person has suitable qualifications or experience.
(3) A person may be appointed as official visitor for a term of not longer than 3 years.
(4) The official visitor may resign by signed notice of resignation given to the Minister.
(5) The Minister may end the appointment of a person as official visitor—
(a) for misbehaviour; or
(b) for physical or mental incapacity; or
(c) if the person becomes bankrupt, applies to take the benefit of any law for the relief of bankrupt or insolvent debtors, compounds with creditors or makes an assignment of remuneration for the benefit of creditors; or
(d) if the person is convicted, in Australia or elsewhere, of an offence punishable by imprisonment for 12 months or longer.