Commonwealth Consolidated Acts

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

CORPORATIONS ACT 2001 - SECT 500AD

Working out whether the 25% in value of creditors test met

    For the purposes of paragraph   500A(2)(c):

  (a)   the value of the creditors at a particular time is to be worked out by reference to the value of the creditors' claims against the company that are known at that time; and

  (b)   the regulations may prescribe creditors that are, or are not, to be taken into account.

AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback