8.2
CurrentSecurity given by special manager (Corporations Act, s 484)
Schedule 1ARules for proceedings under Corporations Act or ASIC Act
Part 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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