Commonwealth Numbered Acts

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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 449D

Vacancy in office of administrator of deed of company arrangement

(1) Where the administrator of a deed of company arrangement:

(a)
dies; or

(b)
becomes prohibited from acting as administrator of the deed; or

(c)
resigns by notice in writing given to the company;

the Court may appoint someone else as administrator of the deed.

(2) Where a deed of company arrangement has not yet terminated, but for some reason no administrator of the deed is acting, the Court may appoint a person as administrator of the deed. (3) An appointment may be made on the application of ASIC or of an officer, member or creditor of the company.



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