(1) Where an administrator of a company is appointed under section 436A, 436B or 436C, the administrator must:

(a)

lodge a notice of the appointment before the end of the next business day after the appointment; and

(b)

cause such a notice to be published, within 3 business days after the appointment:

(i)

in a national newspaper; or

(ii)

in each State or Territory in which the company has its registered office or carries on business, in a daily newspaper that circulates generally in that State or Territory.

(2) As soon as practicable, and in any event before the end of the next business day, after appointing an administrator of a company under section 436C, a person must give to the company a written notice of the appointment. (3) As soon as practicable, and in any event before the end of the next business day, after an administrator of a company is appointed under section 436A, 436B or 436C, he or she must give a written notice of the appointment to:

(a)

each person who holds a charge on the whole, or substantially the whole, of the company's property; and

(b)

each person who holds 2 or more charges on property of the company where the property of the company subject to the respective charges together constitutes the whole, or substantially the whole, of the company's property.

(4) An administrator need not give a notice under subsection (3) to the person who appointed the administrator.