Corporations Act 2001
If 2 or more persons have been appointed as receivers of property of a corporation:
(a) a function or power of a receiver of property of the corporation may be performed or exercised by any one of them, or by any 2 or more of them together, except so far as the order or instrument appointing them otherwise provides; and
(b) a reference in this Act to a receiver, or to the receiver, of property of a corporation is, in the case of the first-mentioned corporation, a reference to whichever one or more of those receivers the case requires.
S 434D inserted by No 132 of 2007, s 3, Sch 1, Pt 3 [ 67] (effective 31 December 2007).
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