Corporations Amendment (Insolvency) Act 2007 (132 of 2007)

Schedule 1   Improving outcomes for creditors

Part 3   Streamlining external administration

Corporations Act 2001

48   Section 9 (at the end of the definition of receiver and manager )

Add "and has a meaning affected by paragraph 434E(b) (which deals with 2 or more persons appointed as receivers and managers)".