sec.102ZAppointment of administrator

### sec.102Z Appointment of administrator The Minister may appoint an administrator— if the Minister suspends a company’s appointment as the Organisation under section 102Y —for the company as the Organisation; or if the Minister cancels a company’s appointment as the Organisation under section 102Y —to perform the functions of the Organisation. An administrator, during the administrator’s term of appointment and to the exclusion of any other person— has the function— for an administrator appointed under subsection (1) (a) —of conducting and managing the affairs of the company as the Organisation; or for an administrator appointed under subsection (1) (b) —of being the Organisation under this Act; and has the other functions stated in the administrator’s notice of appointment; and is taken to be the Organisation. The function of the administrator under subsection (2) (a) may be limited by the administrator’s notice of appointment. s 102Z ins 2017 No. 31 s 5 (sec.102Z-ssec.1) The Minister may appoint an administrator— if the Minister suspends a company’s appointment as the Organisation under section 102Y —for the company as the Organisation; or if the Minister cancels a company’s appointment as the Organisation under section 102Y —to perform the functions of the Organisation. (sec.102Z-ssec.2) An administrator, during the administrator’s term of appointment and to the exclusion of any other person— has the function— for an administrator appointed under subsection (1) (a) —of conducting and managing the affairs of the company as the Organisation; or for an administrator appointed under subsection (1) (b) —of being the Organisation under this Act; and has the other functions stated in the administrator’s notice of appointment; and is taken to be the Organisation. (sec.102Z-ssec.3) The function of the administrator under subsection (2) (a) may be limited by the administrator’s notice of appointment. - (a) if the Minister suspends a company’s appointment as the Organisation under section 102Y —for the company as the Organisation; or - (b) if the Minister cancels a company’s appointment as the Organisation under section 102Y —to perform the functions of the Organisation. - (a) has the function— (i) for an administrator appointed under subsection (1) (a) —of conducting and managing the affairs of the company as the Organisation; or (ii) for an administrator appointed under subsection (1) (b) —of being the Organisation under this Act; and - (i) for an administrator appointed under subsection (1) (a) —of conducting and managing the affairs of the company as the Organisation; or - (ii) for an administrator appointed under subsection (1) (b) —of being the Organisation under this Act; and - (b) has the other functions stated in the administrator’s notice of appointment; and - (c) is taken to be the Organisation. - (i) for an administrator appointed under subsection (1) (a) —of conducting and managing the affairs of the company as the Organisation; or - (ii) for an administrator appointed under subsection (1) (b) —of being the Organisation under this Act; and