CCH Note:
Part 13 of the
Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW
82
The Corporations Law is as follows:...
CHAPTER 5 - EXTERNAL ADMINISTRATION
PART 5.3A - ADMINISTRATION OF A COMPANY'S AFFAIRS WITH A VIEW TO EXECUTING A DEED OF COMPANY ARRANGEMENT
History
Pt 5.3A inserted by No 210 of 1992, s 56 (effective 23 June
1993).
Division 8 - Powers of administrator
History
Heading inserted by No 210 of 1992, s 56 (effective 23 June
1993).
SECTION 442A
ADDITIONAL POWERS OF ADMINISTRATOR
442A
Without limiting section
437A, the administrator of a company under administration has power to do any of the following:
(a)
remove from office a director of the company;
(b)
appoint a person as such a director, whether to fill a vacancy or not;
(c)
execute a document, bring or defend proceedings, or do anything else, in the company's name and on its behalf;
(d)
whatever else is necessary for the purposes of this Part.
History
S 442A inserted by No 210 of 1992, s 56 (effective 23 June 1993).