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.