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

Schedule 4   Fine-tuning voluntary administration

Part 3   Liquidation following administration

Corporations Act 2001

67   After subsection 556(1)

Insert:

(1AA) Paragraph (1)(a) does not apply to expenses:

(a) incurred by the administrator of a deed of company arrangement; and

(b) relating to a debt or claim admissible to proof under subsection 553(1A);

unless the administrator is personally liable for the expenses.