Document ID: chunk:federal_register_of_legislation:C2025C00185:schedule:2:p31
Version: federal_register_of_legislation:C2025C00185
Segment Type: schedule
Provision Reference: sch 2 (pt 31/73)
Character Range: 6390131–6392919

the external administrator is likely to be necessary and properly performed;
 (c) the period during which the work was, or is likely to be, performed by the external administrator;
 (d) the quality of the work performed, or likely to be performed, by the external administrator;
 (e) the complexity (or otherwise) of the work performed, or likely to be performed, by the external administrator;
 (f) the extent (if any) to which the external administrator was, or is likely to be, required to deal with extraordinary issues;
 (g) the extent (if any) to which the external administrator was, or is likely to be, required to accept a higher level of risk or responsibility than is usually the case;
 (h) the value and nature of any property dealt with, or likely to be dealt with, by the external administrator;
 (i) the number, attributes and conduct, or the likely number, attributes and conduct, of the creditors;
 (j) if the remuneration is worked out wholly or partly on a time‑cost basis—the time properly taken, or likely to be properly taken, by the external administrator in performing the work;
 (k) whether the external administrator was, or is likely to be, required to deal with one or more controllers, or one or more managing controllers;
 (l) if:
 (i) a review has been carried out under Subdivision C of Division 90 (review by another registered liquidator) into a matter that relates to the external administration; and
 (ii) the matter is, or includes, remuneration of the external administrator;
  the contents of the report on the review that relate to that matter;
 (m) any other relevant matters.

60‑15  Maximum default amount

Maximum default amount
 (1) The maximum default amount for an external administrator of a company is an amount (exclusive of GST) worked out as follows:
 (a) if the external administrator is appointed in relation to the external administration of the company during the financial year beginning on 1 July 2016—$5,000;
 (b) if the external administrator is appointed in relation to the external administration of the company during a financial year beginning on or after 1 July 2017—the greater of:
 (i) the amount worked out by multiplying the indexation factor for the financial year (worked out under subsections (3) and (4)) by the maximum default amount for an external administrator appointed during the previous financial year; and
 (ii) the amount (if any) prescribed for the purposes of this subparagraph.

Rounding
 (2) Amounts worked out under subsection (1) must be rounded to the nearest whole dollar (rounding 50 cents upwards).

Indexation factor
 (3) Subject to subsection (4), the indexation factor for a financial year is the number worked out by dividing the index number for the March quarter immediately preceding that