(1) If a person
appointed as an administrator under section 47ZQ(1)(b) or as an Interim
Coordinator under section 47ZT(1) is not employed in the Public Sector (as
defined in the Public Sector Management Act 1994 ), the person is entitled to
be paid the remuneration determined by the CEO.
(2) The costs of and
incidental to the performance of the functions of an administrator appointed
under section 47ZQ(1)(b) are payable by the company to which the administrator
is appointed.
(3) Unless the CEO
directs otherwise, the costs of and incidental to the performance of the
functions of an Interim Coordinator are payable by the company (not itself
also being an Interim Coordinator) that was the Coordinator most recently
before the Interim Coordinator.
[Section 47ZU inserted: No. 5 of 2019 s. 6.]