CCH Note:
Part 13 of the
Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW
82
The Corporations Law is as follows:...
CHAPTER 5 - EXTERNAL ADMINISTRATION
PART 5.3A - ADMINISTRATION OF A COMPANY'S AFFAIRS WITH A VIEW TO EXECUTING A DEED OF COMPANY ARRANGEMENT
History
Pt 5.3A inserted by No 210 of 1992, s 56 (effective 23 June
1993).
Division 6 - Protection of company's property during administration
History
Heading inserted by No 210 of 1992, s 56 (effective 23 June
1993).
SECTION 440C
OWNER OR LESSOR CANNOT RECOVER PROPERTY USED BY COMPANY
440C
During the administration of a company, the owner or lessor of property that is used or occupied by, or is in the possession of, the company cannot take possession of the property or otherwise recover it, except:
(a)
with the administrator's written consent; or
(b)
with the leave of the Court.
History
S 440C inserted by No 210 of 1992, s 56 (effective 23 June 1993).