Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 436C

             (1)  A person who is entitled to enforce a charge on the whole, or substantially the whole, of a company's property may by writing appoint an administrator of the company if the charge has become, and is still, enforceable.

             (2)  Subsection (1) does not apply to a company if a person holds an appointment as liquidator, or provisional liquidator, of the company.