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BELL GROUP COMPANIES (FINALISATION OF MATTERS AND DISTRIBUTION OF PROCEEDS) ACT 2015 - SECT 29

BELL GROUP COMPANIES (FINALISATION OF MATTERS AND DISTRIBUTION OF PROCEEDS) ACT 2015 - SECT 29

29 .         Powers of other officers

        (1)         While a company is under the administration of the Authority, a person (other than the Authority) cannot perform or exercise, and must not purport to perform or exercise, a function or power as an officer of the company.

        (2)         Subsection (1) does not apply to the extent that the performance or exercise is with the Authority’s written approval or is in the exercise of a power or duty under this Act.

        (3)         Subsection (1) does not remove a director or the liquidator of a WA Bell Company from his or her office.