Document ID: chunk:federal_register_of_legislation:C2004C01393:clause:1_185zc
Version: federal_register_of_legislation:C2004C01393
Segment Type: clause
Provision Reference: sch 1 cl 185ZC
Character Range: 49405–50103

185ZC  Official Receiver may appoint a new administrator

 (1) If the parties to a debt agreement have not already varied the agreement to appoint a new administrator, the Official Receiver who is appointed as the replacement administrator may appoint another person to be the administrator of the agreement in place of the Official Receiver.

 (2) An appointment must be in writing.

 (3) The Official Receiver must give written notice of the appointment to the parties to the debt agreement.

 (4) The Official Receiver cannot revoke an appointment under subsection (1).

 (5) This section does not prevent the appointment of another person as administrator by variation of the debt agreement.