Corporations (Aboriginal and Torres Strait Islander) Act 2006
The appointment of a special administrator for an Aboriginal and Torres Strait Islander corporation terminates if: (a) the period for which the special administrator is appointed ends; or (b) the special administrator dies; or (c) a liquidator for the corporation is appointed; or (d) the corporation is being wound up; or (e) the special administrator resigns the appointment by notice in writing to the Registrar; or (f) the Registrar terminates the special administrator ' s appointment under subsection (4) ; or (g) the Registrar terminates the special administration under section 487-20 .
Note:
The termination of the appointment of the special administrator does not necessarily terminate the special administration. For when the special administration ceases, see section 487-25 .
505-1(2)
Subject to subsection (3) , the special administrator ' s resignation under paragraph (1)(e) takes effect at the end of the period of 28 days after the day on which the special administrator gives the notice to the Registrar.
505-1(3)
The Registrar may, on application by the special administrator, determine in writing that the special administrator ' s resignation is to take effect before the end of the period of 28 days referred to in subsection (2) .
505-1(4)
The Registrar may, by notice in writing to the special administrator for an Aboriginal and Torres Strait Islander corporation, terminate the special administrator ' s appointment if satisfied that it is appropriate to do so.
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