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CORPORATIONS ACT 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.6 - WINDING UP GENERALLY  

Division 3 - Liquidators  

SECTION 530AA  

530AA  APPOINTMENT OF 2 OR MORE PROVISIONAL LIQUIDATORS OF A COMPANY  

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If 2 or more persons have been appointed as provisional liquidators of a company:


(a) a function or power of a provisional liquidator of the company may be performed or exercised by any one of them, or by any 2 or more of them together, except so far as the order appointing them otherwise provides; and


(b) a reference in this Act to a provisional liquidator, or to the provisional liquidator, of a company is, in the case of the first-mentioned company, a reference to whichever one or more of those provisional liquidators the case requires.


 



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