A deed of company arrangement terminates when:
- (a)
- the Court makes under
section 445D an order terminating the deed; or
- (b)
- the company's creditors pass a resolution terminating the deed at a
meeting that was convened under section 445F by a notice setting out the
proposed resolution; or
- (c)
- if the deed specifies circumstances in which it is to terminatethose
circumstances exist;
whichever happens first.