10Liquidators and provisional liquidators

10 Liquidators and provisional liquidators

(1) If 2 or more persons have been appointed as liquidators of a body corporate:

(a) a function or power of a liquidator of the body corporate under this Act may be performed or exercised by any one of them, or by any 2 or more of them together, except so far as the order or resolution appointing them otherwise provides; and

(b) a reference in this Act to a liquidator, or to the liquidator, of a body corporate is, in the case of the first‑mentioned body corporate, a reference to whichever one or more of those liquidators the case requires.

(2) If 2 or more persons have been appointed as provisional liquidators of a body corporate:

(a) a function or power of a provisional liquidator of the body corporate under this Act may be performed or exercised by any one of them, or by any 2 or more of them together, except so far as the order or resolution appointing them otherwise provides; and

(b) a reference in this Act to a provisional liquidator, or to the provisional liquidator, of a body corporate is, in the case of the first‑mentioned body corporate, a reference to whichever one or more of those provisional liquidators the case requires.

(3) Nothing in this section limits section 530 or 530AA of the Corporations Act 2001.