Corporations Act 2001
A liquidator or provisional liquidator of a company may by writing appoint an administrator of the company if he or she thinks that the company is insolvent, or is likely to become insolvent at some future time.436B(2) [ Conditions for appointment]
(a) himself or herself;
(b) if he or she is a partner of a partnership - a partner or employee of the partnership;
(c) if he or she is an employee - his or her employer;
(d) if he or she is an employer - his or her employee;
(e) if he or she is a director, secretary, employee or senior manager of a corporation - a director, secretary, employee or senior manager of the corporation;
(f) at a meeting of the company ' s creditors, the company ' s creditors pass a resolution approving the appointment; or
(g) the appointment is made with the leave of the Court.
(Repealed by No 132 of 2007, s 3, Sch 4, Pt 1 [ 3] (effective 31 December 2007).)
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.