New South Wales Consolidated Acts

MOTOR DEALERS AND REPAIRERS ACT 2013 - SECT 134

134 Transfer of property under administration after revocation

(1) If the Supreme Court revokes the appointment of an administrator and is satisfied that the purpose for which the former administrator of the affairs and property of a person was appointed has been fulfilled, the Supreme Court may make an order vesting in or transferring to the person any property held in trust for the person by the administrator.

(2) If the Supreme Court appoints a new administrator and is satisfied that the purpose for which the former administrator of the affairs and property of a person was appointed has not been fulfilled, the Supreme Court is to make an order vesting in or transferring to the new administrator any property held in trust for the person by the former administrator.

(3) The Supreme Court may make an order under this section on its own motion or on an application for the revocation of appointment of the administrator.