Corporations Act s 447A confers sufficiently wide power to terminate a DOCA prospectively without resort to the express power in s 445D(1)(g). An administrator of a DOCA has an equitable right of indemnity out of, and lien over, property realised during the administration, entitling the administrator to retain a fund sufficient to cover remuneration, costs, expenses and liabilities, including the costs of defending litigation relating to the performance of duties.
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