Section 239N — Companies Act 1993: Appointment of 2 or more administrators

239N Appointment of 2 or more administrators (1) Two or more persons may be appointed administrators in any case where this Act provides for the appointment of an administrator. (2) If 2 or more persons are appointed administrators of a company,— (a) an administrator's function or power may be performed or exercised by any 1 of them, or by any 2 or more of them together, except so far as the order, instrument, or resolution appointing them provides otherwise; and (b) a reference in this Act to an administrator or the administrator refers to whichever 1 or more of the administrators the case requires. Compare: Corporations Act 2001 (Australia) s 451A Section 239N: inserted, on 1 November 2007, by section 6 of the Companies Amendment Act 2006 (2006 No 56).