Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Act 2024 (87 of 2024)
Schedule 1 Financial market infrastructure: resolution authority
Part 1 Crisis resolution
Corporations Act 2001
1 Section 9
Insert:
essential service means:
(a) electricity; or
(b) gas; or
(c) water; or
(d) a carriage service (within the meaning of the Telecommunications Act 1997).
external administrator :
(a) other than in Chapter 5 and Part 7.3B - has the same meaning as in Schedule 2; and
(b) in Part 7.3B:
(i) subject to subparagraph (ii) - means an external administrator (within the meaning of Schedule 2 to this Act), a receiver, manager, managing controller, receiver and manager or other controller; and
(ii) does not include a statutory manager (within the meaning of this Act) or a Banking Act statutory manager (within the meaning of the Banking Act 1959).