THE CORPORATIONS LAW

CHAPTER 5 - EXTERNAL ADMINISTRATION

PART 5.3A - ADMINISTRATION OF A COMPANY'S AFFAIRS WITH A VIEW TO EXECUTING A DEED OF COMPANY ARRANGEMENT

Division 5 - Meeting of creditors decides company's future

SECTION 439B   CONDUCT OF MEETING  

439B(1)  [Administrator to preside]  

At a meeting convened under section 439A, the administrator is to preside.

439B(2)  [Adjournment]  

A meeting convened under section 439A may be adjourned from time to time, but cannot be adjourned to a day that is more than 60 days after the first day on which the meeting was held, even if no resolution under section 439C has been passed at the meeting.