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.


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.