Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.3B - CRISIS RESOLUTION FOR CS FACILITY LICENSEES  

Division 3 - Statutory management  

Subdivision B - Powers of statutory manager  

SECTION 833B  

833B   POWERS TO REMOVE DIRECTOR ETC.  

Without limiting section 833A , the statutory manager of a body corporate has power to do any of the following:

(a)    remove from office a director of the body corporate;

(b)    appoint a person as such a director, whether to fill a vacancy or not;

(c)    execute a document, bring or defend proceedings, or do anything else, in the body corporate ' s name and on its behalf;

(d)    whatever else is necessary for the purposes of this Part.