Australian Capital Territory Numbered Regulations

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CORPORATIONS LAW RULES 2000 (2000 NO 16) - REG 56

Application for appointment of special manager (s 484 of the Law)

(1)       An application by a liquidator for the appointment of a special manager in relation to a company must state the powers that, in the liquidator's opinion, should be entrusted by the court to the special manager.    

(2)       The supporting affidavit must state—

        (a)     the circumstances making it proper that a special manager be appointed; and

        (b)     details of the remuneration proposed to be paid to the special manager; and

        (c)     whether any committee of inspection in the winding-up, or a meeting of creditors, has approved the appointment of a special manager.



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