Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]


Regulations may provide for transition in other cases

             (1)  The regulations may prescribe cases where:

                     (a)  a company under administration; or

                     (b)  a company that has executed a deed of company arrangement (even if the deed has terminated);

is taken to have passed a special resolution under section 491 that the company be wound up voluntarily.

             (2)  The regulations may provide for Part 5.5 or Schedule 2 to apply with prescribed modifications in cases prescribed for the purposes of subsection (1).

             (3)  Without limiting subsection (2), the regulations may provide, in relation to such cases, for matters of a kind provided for by any of subsections 446A(2) to (7) and 446AA(2) to (6), inclusive.

             (4)  Regulations in force for the purposes of this section have effect accordingly.

AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback