Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 5.3B.08

Powers of restructuring practitioner for company under restructuring

                   The restructuring practitioner for a company under restructuring has the power to investigate the company's business, property, affairs and financial circumstances for the purposes of:

                     (a)  preparing a declaration under regulation 5.3B.18; or

                     (b)  deciding whether to terminate the restructuring of the company; or

                     (c)  resolving a disagreement under regulation 5.3B.22; or

                     (d)  performing or exercising any other function, duty or power as restructuring practitioner for the company.



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