Corporations Act 2001

SCHEDULE 2 - INSOLVENCY PRACTICE SCHEDULE (CORPORATIONS)  

Note: See section 600K .

PART 3 - GENERAL RULES RELATING TO EXTERNAL ADMINISTRATIONS  

Division 60 - Remuneration and other benefits received by external administrators  

Subdivision DA - Remuneration of restructuring practitioners  

CLAUSE 60-18   INSOLVENCY PRACTICE RULES  

60-18(1)    
The Insolvency Practice Rules may provide for and in relation to the remuneration of:

(a)    a restructuring practitioner for a company; and

(b)    a restructuring practitioner for a restructuring plan.

60-18(2)    
Without limiting subsection (1), the Insolvency Practice Rules may provide for the remuneration of a restructuring practitioner for a restructuring plan that has been made in relation to a company to be dealt with wholly or partly under the restructuring plan.


 

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