Queensland Consolidated Acts

FINANCIAL INTERMEDIARIES ACT 1996 - SECT 5

(1) For this Act, officer of a society includes—

(a) a director, secretary, executive officer or employee of the society; and

(b) a receiver and manager, appointed under a power contained in an instrument, of property of the society; and

(c) a liquidator of the society appointed in a voluntary winding–up of the society; and

(d) a trustee or other person administering a compromise or arrangement made between the society and other persons.

(2) However, none of the following is an officer of the society—

(a) a receiver who is not also a manager;

(b) a receiver and manager appointed by a court;

(c) a liquidator appointed by a court.