Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) This section applies if a corporation that is or was an incorporated legal practice is the subject of both—
(a) the appointment of a chapter 5 receiver; and
(b) the appointment of an external administrator.
(2) The chapter 5 receiver is under a duty to tell the external administrator of the appointment of the chapter 5 receiver, whether the appointment precedes, follows or happens at the same time as the appointment of the external administrator.
(3) The chapter 5 receiver or the external administrator (or both of them jointly) may apply to the Supreme Court for the resolution of issues arising from or in relation to the dual appointments and their respective powers.
(4) The Supreme Court may make any orders it considers appropriate, and no liability attaches to the chapter 5 receiver or the external administrator for any act or omission done by the receiver or administrator in honestly for the purpose of carrying out or acting in accordance with the orders.
(5) The law society council is entitled to intervene in the proceeding, unless the court decides that the proceeding does not concern or affect the provision of legal services by the corporation.
(6) In this section:
chapter 5 receiver means a receiver appointed under chapter 5.
"external administrator" means a person who is appointed to exercise powers under other legislation (whether or not ACT legislation) and who is prescribed by regulation for this definition.