59Subsection 546‑20(6)

59  Subsection 546‑20(6) Omit “subsection 542(2) of”, substitute “section 70‑35 of Schedule 2 to”. 60  Section 700‑1 61  Section 700‑1 (definition of externally‑administered body corporate) 62  Section 700‑1 Schedule 2 to the Corporations Act means Schedule 2 to the Corporations Act 2001 and rules made under that Schedule. 63  Section 9 (definition of Board) 64  Section 9 Chapter 5 body corporate means a body corporate:  (a) that is being wound up; or  (b) in respect of property of which a receiver, or a receiver and manager, has been appointed (whether or not by a court) and is acting; or  (c) that is under administration; or  (d) that has executed a deed of company arrangement that has not yet terminated; or  (e) that has entered into a compromise or arrangement with another person the administration of which has not been concluded. 65  Section 9 (definition of committee of creditors) 66  Section 9 (subparagraph (a)(iii) of the definition of declaration of indemnities) Omit “his or her remuneration as determined under section 449E”, substitute “the remuneration to which he or she is entitled under section 60‑5 of Schedule 2 (external administrator’s remuneration)”. 67  Section 9 (definition of externally‑administered body corporate) 68  Section 9 (definition of financial year) After “year”, insert “, when used in a provision outside Schedule 2,”. 69  Section 9 (paragraphs (a) and (b) of the definition of firm) Omit “externally‑administered bodies corporate”, substitute “Chapter 5 bodies corporate”.