Corporations Amendment (Insolvency) Act 2007 (132 of 2007)

Schedule 1   Improving outcomes for creditors

Part 3   Streamlining external administration

Corporations Act 2001

117   At the end of section 549

Add:

(4) If a member of the committee is a body corporate, the member may be represented at meetings of the committee by:

(a) an officer or employee of the member; or

(b) an individual authorised in writing by the member for the purposes of this subsection.