Commonwealth Numbered Acts

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

CORPORATIONS ACT 2001 No. 50, 2001 - SECT 554B

Discounting of debts payable after relevant date

The amount of a debt that is admissible to proof but that, as at the relevant date, was not payable by the company until an ascertained or ascertainable date (the future date ) after the relevant date is the amount payable on the future date reduced by the amount of the discount worked out in accordance with the regulations.

AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback