Corporations Act 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.3B - RESTRUCTURING OF A COMPANY  

Note: This Part does not apply to a CCIV or a sub-fund of a CCIV: see Division 4 of Part 8B.6 .

Division 4 - The restructuring practitioner  

Subdivision A - Qualifications of restructuring practitioners  

SECTION 456A  

456A   APPOINTEE MUST CONSENT  

A person cannot be appointed as restructuring practitioner for a company or for a restructuring plan unless:

(a)    the person has consented in writing to the appointment; and

(b)    as at the time of the appointment, the person has not withdrawn the consent.