CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 490.5 Period of appointment

CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 490.5

  (1)   The appointment must specify the period for which the special administrator is appointed.

  (2)   The Registrar may extend the period for which a special administrator is appointed.

  (3)   An extension under subsection   (2) must:

  (a)   be made in writing; and

  (b)   be made before the period to be extended ends.

  (4)   An appointment:

  (a)   has effect, subject to paragraph   (b), until the end of the period of the appointment; and

  (b)   ceases to have effect if it is terminated under section   505 - 1 before the end of that period.