Financial Intermediaries Act 1996

For this Act, officer of a society includes—

a director, secretary, executive officer or employee of the society; and

a receiver and manager, appointed under a power contained in an instrument, of property of the society; and

a liquidator of the society appointed in a voluntary winding–up of the society; and

a trustee or other person administering a compromise or arrangement made between the society and other persons.

However, none of the following is an officer of the society—

a receiver who is not also a manager;

a receiver and manager appointed by a court;

a liquidator appointed by a court.