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s 324

Appointment of administrator

In force
Part 12Merger, transfer of engagements, winding‑up
Division 4Administration
Subdivision 3Administration: alternative procedure

324 Appointment of administrator

(1)

The Registrar may, by written notice, appoint an administrator to conduct the affairs of a co‑operative.

(2)

A notice of appointment must state —

(a)

the date of appointment; and

(b)

the appointee’s name; and

(c)

the appointee’s business address.

(3)

If the appointee’s name or business address changes, the appointee must immediately give written notice of the change to the Registrar.

(4)

The Registrar cannot appoint an administrator unless the necessary grounds for taking the action exist, as referred to in section 336(2).

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