Corporate Law Economic Reform Program (Audit Reform and Corporate Disclosure) Act 2004 (103 of 2004)

Schedule 9   Officers, senior managers and employees

Australian Securities and Investments Commission Act 2001

33   Subsection 471A(4)

Repeal the subsection, substitute:

(4) For the purposes of this section, a person is not an officer of a company merely because he or she is a receiver and manager, appointed under a power contained in an instrument, of property of the company.