THE CORPORATIONS LAW

CHAPTER 5 - EXTERNAL ADMINISTRATION

PART 5.3A - ADMINISTRATION OF A COMPANY'S AFFAIRS WITH A VIEW TO EXECUTING A DEED OF COMPANY ARRANGEMENT

Division 15 - Removal, replacement and remuneration of administrator

SECTION 449B   COURT MAY REMOVE ADMINISTRATOR  

449B    On the application of the Commission or of a creditor of the company concerned, the Court may:

(a)  remove from office the administrator of a company under administration or of a deed of company arrangement; and

(b)  appoint someone else as administrator of the company or deed.