THE CORPORATIONS LAW
CCH Note:
Part 13 of the Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82 The Corporations Law is as follows:...
CHAPTER 5 - EXTERNAL ADMINISTRATION
PART 5.3A - ADMINISTRATION OF A COMPANY'S AFFAIRS WITH A VIEW TO EXECUTING A DEED OF COMPANY ARRANGEMENT
Division 14 - Qualifications of administrators
SECTION 448A
APPOINTEE MUST CONSENT
448A
A person cannot be appointed as administrator of a company or of a deed of company arrangement unless:
(a)
the person has consented in writing to the appointment; and
(b)
as at the time of the appointment, the person has not withdrawn the consent.