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BANKRUPTCY ACT 1966 - SECT 185ZC Official Receiver may appoint a new administrator

BANKRUPTCY ACT 1966 - SECT 185ZC

Official Receiver may appoint a new administrator

  (1)   If the parties to a debt agreement have not already varied the agreement to appoint a new administrator, the Official Receiver may appoint another person to be the administrator of the agreement in place of the Official Trustee.

  (2)   An appointment must be in writing.

  (3)   The Official Receiver must give written notice of the appointment to the parties to the debt agreement.

  (4)   The Official Receiver cannot revoke an appointment under subsection   (1).

  (5)   This section does not prevent the appointment of another person as administrator by variation of the debt agreement.