Corporations Amendment (Insolvency) Act 2007 (132 of 2007)

Schedule 1   Improving outcomes for creditors

Part 4   Facilitating pooling in external administration

Corporations Act 2001

126   At the end of section 539

Add:

(7) If:

(a) a pooling determination is in force in relation to a group of 2 or more companies; or

(b) a pooling order is in force in relation to a group of 2 or more companies;

then:

(c) the accounts under subsection (1) for the companies in the group may be set out in the same document; and

(d) the statements under subsection (1) for the companies in the group may be set out in the same document.