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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 596AI

Events preventing employee from suing

(1) An employee of a company that is being wound up cannot begin proceedings under section 596AC in relation to a contravention in relation to an entitlement of the employee if:

(a)
the company's liquidator has applied under section 588FF in relation to a transaction that constituted, or was part of, the contravention; or

(b)
the company's liquidator has begun proceedings under section 596AC in relation to the contravention; or

(c)
the company's liquidator has begun proceedings under section 588M in relation to the incurring of the debt that is linked to the contravention; or

(d)
the company's liquidator has intervened in an application for a civil penalty order against a person in relation to a contravention of section 588G in relation to the incurring of the debt that is linked to the contravention.

(2) Subsection (1) has effect despite sections 596AF and 596AH.



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