THE CORPORATIONS LAW

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(b)  as at the time of the appointment, the person has not withdrawn the consent.