145. Joint administrators

(1) In this Part 1 (Administration) —
(a) a reference to the appointment of an administrator of a Company or of a Deed of Company Arrangement includes a reference to the appointment of a number of persons to act jointly or concurrently as the administrator of a Company or of a Deed of Company Arrangement, respectively; and
(b) a reference to the appointment of a person as administrator of a Company or of a Deed of Company Arrangement includes a reference to the appointment of a person as one of a number of persons to act jointly or concurrently as the administrator of a Company or of a Deed of Company Arrangement, respectively.
(2) The appointment of a number of persons to act as administrator of a Company or of a Deed of Company Arrangement must specify —
(a) which functions (if any) are to be exercised by the persons appointed acting jointly; and
(b) which functions (if any) are to be exercised by any or all of the persons appointed.
(3) This Section applies where two or more persons are appointed to act jointly as the administrator of a Company or of a Deed of Company Arrangement, as the case may be.
(4) A reference to the administrator of the Company or of a Deed of Company Arrangement is a reference to those persons acting jointly.
(5) However, a reference to the administrator of a Company or of a Deed of Company Arrangement in Chapter 11 (Replacing Administrator) of this Part 1 (Administration) is a reference to any or all of the persons appointed to act jointly.
(6) Where a contravention of omission is committed by the administrator, each of the persons appointed to act jointly —
(a) commits the contravention; and
(b) may be proceeded against and punished individually.
(7) The reference in Section 47(1)(a) (Publicity) to the name of the administrator of a Company is a reference to the name of each of the persons appointed to act jointly.
(8) Where persons are appointed to act jointly in respect of only some of the functions of the administrator of a Company or of a Deed of Company Arrangement, this Section applies only in relation to those functions.