Commonwealth Consolidated Acts

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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.



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