Victorian Current Acts

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EDUCATION AND TRAINING REFORM ACT 2006 - SECT 4.3.40

Notices relating to appointment of external administrator under Corporations Act

    (1)     A person, other than the Authority, must not make an application to the court under Chapter 5 of the Corporations Act for the appointment of an external administrator of an RTO unless the person has first given the Authority written notice of that application.

Penalty:     20 penalty units.

    (2)     An administrator of an RTO that is appointed under section 436A, 436B or 436C of the Corporations Act must give the Authority a copy of the notice of appointment required to be lodged under section 450A of that Act before the end of the next business day after the appointment.

Penalty:     20 penalty units.

S. 4.3.41 inserted by No. 71/2010 s. 50.



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