Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 11 - EXTERNAL ADMINISTRATION  

PART 11-2 - SPECIAL ADMINISTRATION  

Division 505 - Termination of special administrator ' s appointment  

SECTION 505-5  

505-5   GROUNDS FOR TERMINATING APPOINTMENT  
Without limiting subsection 505-1(4) , the Registrar may be satisfied that it is appropriate to terminate the special administrator ' s appointment if the Registrar is satisfied that:

(a)    it is no longer necessary for the corporation to be under special administration; or

(b)    the special administrator has a material personal interest in a matter related to the special administration of the corporation; or

(c)    the special administrator ' s performance is not satisfactory; or

(d)    the special administrator has contravened a provision of this Act; or

(e)    it would be appropriate in the circumstances to replace the special administrator with another special administrator with different skills, experience or qualifications.