SUPREME COURT (CORPORATIONS) RULES 20032003 No. 284- RULE 8.2 Security given by special manager (Corporations Act, s 484)

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SUPREME COURT (CORPORATIONS) RULES 20032003 No. 284- RULE 8.2

Security given by special manager (Corporations Act, s 484)

(1): The court may, from time to time, direct that the amount of security given by a special manager be varied.

(2): Unless the court otherwise directs, the costs of providing the security given by a special manager in relation to a particular winding-up—

(a): are the personal expenses of the special manager; and
(b): must not be charged against the property of the company as an expense incurred in the winding-up.

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