126Definitions

#### 126 Definitions 126 Definitions > In this Division— > > administration means an administration under this Division. > > administrator means an administrator of the affairs and property of a person holding office under this Division. > > affairs of a person means the person’s affairs relating to the carrying on of a business authorised to be carried on by a licence or a former licence held by the person. > > person subject to administration means a person for whose affairs and property an administrator is appointed under this Division. > > property of a person means the following— > > > (a) property held by the person, or by an employee or agent of the person, in the course of or in connection with a business the subject of an administration, whether or not the property is held on behalf of another person, > > > (b) property that would, but for the appointment of an administrator, be receivable by the person after the appointment whether on behalf of the person or another person, > > > (c) interest, dividends or other income received by the administrator and arising from property held by the administrator as administrator, > > > (d) records kept by or on behalf of the person in connection with a business the subject of an administration.