Interim Coordinator and Scheme Account
32 Interim Coordinator and Scheme Account
If an Interim Coordinator is appointed, section 47ZN(2) of the Act is modified so that a Scheme Account must be established by the Interim Coordinator before the Interim Coordinator commences performing the functions of the Coordinator.
If an Interim Coordinator is appointed, section 47ZN(3) of the Act is modified so that the Interim Coordinator is required to maintain the Scheme Account in accordance with the Act and the governance plan most recently approved by the CEO under section 47ZM(4) of the Act, as amended by any amendments that have effect under section 47ZM of the Act and with any modifications determined by the CEO.
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