THE CORPORATIONS LAW

CHAPTER 5 - EXTERNAL ADMINISTRATION

PART 5.8 - OFFENCES

SECTION 595   INDUCEMENT TO BE APPOINTED LIQUIDATOR ETC. OF COMPANY  

595    A person shall not give, or agree or offer to give, to a member or creditor of a company any valuable consideration with a view to securing the person's own appointment or nomination, or to securing or preventing the appointment or nomination of some other person, as:

(a)  a liquidator or provisional liquidator of the company; or

(b)  an administrator of the company; or

(c)  an administrator of a deed of company arrangement executed, or to be executed, by the company; or

(d)  a receiver, or a receiver and manager, of property of the company; or

(e)  a trustee or other person to administer a compromise or arrangement made between the company and any other person or persons.


 

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