Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1579

Application of Part 3 of the Insolvency Practice Schedule (Corporations)--general rules

New external administrations

  (1)   Part   3 of the Insolvency Practice Schedule (Corporations) applies in relation to a new external administration of a company.

Ongoing external administrations

  (2)   Part   3 of the Insolvency Practice Schedule (Corporations) applies in relation to an ongoing external administration of a company in accordance with this Division.


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