Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 448B

  (1)   A person must not consent to be appointed, and must not act, as administrator of a company or of a deed of company arrangement.

  (2)   Subsection   (1) does not apply if the person is a registered liquidator.

Note:   A defendant bears an evidential burden in relation to the matter in subsection   (2), see subsection   13.3(3) of the Criminal Code .

  (3)   An offence based on subsection   (1) is an offence of strict liability.

Note:   For strict liability , see section   6.1 of the Criminal Code .