Waste Avoidance and Resource Recovery Act 2007

This section applies if the Minister appoints an administrator to the Coordinator under section 47ZQ(1)(b).

The Minister may, in the notice of appointment —

limit the functions or powers of the administrator; or

attach conditions to the appointment of the administrator.

Subject to any limits and conditions in its notice of appointment, an administrator, during the administrator’s term of appointment and to the exclusion of any other person —

has control of the Coordinator’s business, property and affairs; and

may carry on that business and manage that property and those affairs; and

may terminate or dispose of all or part of that business, and may dispose of any of that property; and

may perform any function that the Coordinator or any of its officers could perform if the administrator had not been appointed; and

has the other functions stated in the administrator’s notice of appointment.

Nothing in subsection (3) limits the generality of anything else in it.

Subject to any limits and conditions in its notice of appointment, the administrator has all the powers it needs to perform its functions.

When performing a function the administrator is taken to be acting as the Coordinator’s agent.

The appointment of an administrator under section 47ZQ(1)(b) ends by force of this subsection if an administrator is appointed to the Coordinator under the Corporations Act Part 5.3A.

Regulations may deal with any matter in relation to an administrator appointed under section 47ZQ(1)(b).