Commonwealth Consolidated Acts

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

CORPORATIONS ACT 2001 - SECT 455A

Proposing a restructuring plan

             (1)  A company may propose a restructuring plan to its creditors.

             (2)  The company is taken to be insolvent if the company does so.

             (3)  The regulations may prescribe the time at which the company is taken to have done so, for the purpose of determining when the company became insolvent under subsection (2).



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback