Corporations Act 2001

SCHEDULE 2 - INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)  

Note: See section 600K .

PART 1 - INTRODUCTION  

Division 5 - Definitions  

Subdivision C - Other definitions  

CLAUSE 5-20   5-20   MEANING OF EXTERNAL ADMINISTRATOR OF A COMPANY  


A person is an external administrator of a company if the person is:


(a) the administrator of the company; or


(b) the administrator under a deed of company arrangement that has been entered into in relation to the company; or


(ba) the restructuring practitioner for the company; or


(bb) the restructuring practitioner for a restructuring plan that has been made in relation to the company; or


(c) the liquidator of the company; or


(d) the provisional liquidator of the company.

Note: A person is not an external administrator of a company for the purposes of this Schedule merely because the person has been appointed as a receiver, receiver and manager, or controller in relation to property of the company.


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