Australian Capital Territory Numbered Regulations

COURT PROCEDURES AMENDMENT RULES 2008 (NO 1) (NO 25 OF 2008) - REG 36

substitute

Note 1     Under the Corporations Act, s 425 (2) (b), the court may exercise its power to make an order fixing the remuneration of a receiver appointed under an instrument even if the receiver has died, or has ceased to act, before the making of the order or the application for the order.

Note 2     The amendment to the Corporations Act, s 425 made by the Corporations Amendment (Insolvency) Act 2007 (Cwlth) applies in relation to a receiver appointed on or after 31 December 2007—see Corporations Act, s 1480 (5).