Corporations Amendment (Insolvency) Act 2007 (132 of 2007)
Schedule 1 Improving outcomes for creditors
Part 2 Better informing creditor decisions
Corporations Act 2001
18 Section 9
Insert:
firm , in relation to an administrator or liquidator, means:
(a) if the administrator or liquidator is a partner or employee of a partnership (the partnership firm ) that provides advice or other services in relation to externally-administered bodies corporate - the partnership firm; or
(b) if the administrator or liquidator is an officer or employee of a body corporate (the body corporate firm ) that provides advice or other services in relation to externally-administered bodies corporate - the body corporate firm.