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


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