52
In forceEffect of administrator’s appointment
Part 4Other functions and powers of registrar
Division 2Specific powers
Subdivision 5Administrators
52 Effect of administrator’s appointment
(1)
On the appointment of an administrator of a society—
(a)
the society’s directors cease to hold office; and
(b)
all contracts of employment with, or for providing administrative or secretarial services to, the society are terminated; and
(c)
the administrator may terminate a contract for providing other services to the society.
(2)
A director of a society may not be appointed or elected while the administrator is in office except in the circumstances mentioned in section 54(3).
This Act’s bill:Explanatory memorandum
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