Commonwealth Repealed Acts

This legislation has been repealed.

CORPORATIONS LAW- SECT 451A

(1)

Where a provision of this Law provides for an administrator of a company to be appointed, 2 or more persons may be appointed as administrators of the company.

(2)

Where, because of subsection (1), there are 2 or more administrators of a company:

(a)

a function or power of an administrator 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 instrument or resolution appointing them otherwise provides; and

(b)

a reference in this Law to an administrator, or to the administrator, of a company is, in the case of the first-mentioned company, a reference to whichever one or more of those administrators the case requires.