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s 8.1

Application for appointment of special manager (Corporations Act s 484)

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Division 8Special managers (Corporations Act Part 5.4B)

8.1 Application for appointment of special manager (Corporations Act s 484)

(1)

An application by a liquidator for the appointment of a special manager in relation to a company must state the powers which, in the liquidator’s opinion, should be entrusted by the Court to the special manager.

(2)

The supporting affidavit must state:

(a)

the circumstances making it proper that a special manager be appointed; and

(b)

details of the remuneration proposed to be paid to the special manager; and

(c)

whether any committee of inspection in the winding up, or a meeting of creditors, has approved the appointment of a special manager.

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