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s 8.2

Security given by special manager (Corporations Act s 484)

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Division 8Special managers (Corporations Act Part 5.4B)

8.2 Security given by special manager (Corporations Act s 484)

(1)

The Court may, from time to time, direct that the amount of security given by a special manager be varied.

(2)

Unless the Court otherwise directs, the costs of furnishing the security given by a special manager in respect of a particular winding up:

(a)

are the personal expenses of the special manager; and

(b)

must not be charged against the property of the company as an expense incurred in the winding up.

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