Commonwealth Consolidated Acts

CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 490.5

             (1)  The appointment must specify the period for which the special administrator is appointed.

             (2)  The Registrar may extend the period for which a special administrator is appointed.

             (3)  An extension under subsection (2) must:

                     (a)  be made in writing; and

                     (b)  be made before the period to be extended ends.

             (4)  An appointment:

                     (a)  has effect, subject to paragraph (b), until the end of the period of the appointment; and

                     (b)  ceases to have effect if it is terminated under section 505-1 before the end of that period.