Corporations Act 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.3B - RESTRUCTURING OF A COMPANY  

Note: This Part does not apply to a CCIV or a sub-fund of a CCIV: see Division 4 of Part 8B.6 .

Division 6 - Powers of Court  

SECTION 458A   GENERAL POWER TO MAKE ORDERS  

458A(1)    
The Court may make such order as it thinks appropriate about how this Part is to operate in relation to a particular company.

458A(2)    
An order may be made subject to conditions.

458A(3)    
An order may be made on the application of:

(a)    the company; or

(b)    a creditor of the company; or

(c)    the restructuring practitioner for the company or for a restructuring plan for the company; or

(d)    ASIC; or

(e)    any other interested person.